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Filing Details

Accession Number:: 0001140361-19-002606
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-02-06 17:13:33
Reporting Period:: 2019-02-04

Accepted Time:: 2019-02-06 17:13:33
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1749723	New Fortress Energy Llc	NFE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1124465	A Randal Nardone	111 W. 19Th Street, 8Th Floor New York NY 10011		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Shares	Acquisiton	2019-02-04	2,500,000	$14.00	2,500,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Shares	147,058,824	Indirect	See Footnote

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Shares	New Fortress Intermediate LLC Units	$0.00			147,058,824	147,058,824	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	147,058,824	147,058,824	Indirect

Footnotes

2,500,000 Class A shares representing limited liability company interests in New Fortress Energy LLC (the "Issuer") were purchased in the Issuer's initial public offering.
Class B shares represent limited liability company interests in the Issuer and have no economic right, but entitles its holder to one vote per Class B share on all matters to be voted on by shareholders generally.
These Class B shares and common units ("NFI LLC Units") of New Fortress Intermediate LLC ("NFI") are held directly by New Fortress Energy Holdings LLC ("New Fortress Energy Holdings"). New Fortress Energy Holdings is majority owned and controlled by Fortress Equity Partners (A) LP (the "Fortress Shareholder"). The Fortress Shareholder is controlled by Wesley R. Edens, the Issuer's Chief Executive Officer. Mr. Edens exercises voting power over the shares held by New Fortress Energy Holdings and may be deemed to be the beneficial owner thereof. The reporting person has the right to acquire beneficial ownership of his pro rata portion of the Class B shares and corresponding NFI LLC Units held directly by New Fortress Energy Holdings at his election pursuant to the limited liability company agreement of NFI (the "NFI LLC Agreement") and may be deemed to share dispositive power over such Class B shares and NFI LLC Units.
The NFI LLC Agreement provides certain holders of NFI LLC Units with certain rights to cause NFI to acquire all or a portion of the NFI LLC Units (the "Redemption Right") for, at NFI's election, (a) Class A shares at a redemption ratio of one Class A share for each NFI LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a Class A share on the trading day that is immediately prior to the date of the redemption. The NFI LLC Units and the right to exercise the Redemption Right have no expiration date.