Filing Details

Accession Number:
0000950170-24-096425
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-08-13 17:07:15
Reporting Period:
2024-08-09
Accepted Time:
2024-08-13 17:07:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1899883 Ftai Infrastructure Inc. FIP () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1245521 Fig Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
1380393 Fortress Investment Group Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
1387344 Fortress Operating Entity I Lp 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
1387345 Fig Blue Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
2024037 Finco I Intermediate Holdco Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
2024041 Fig Parent, Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
2024043 Foundation Holdco Lp 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
2024046 Fig Buyer Gp, Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
2024235 Finco I Llc 1345 Avenue Of The Americas, 46Th Floor
New York NY 10105
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 4,379 $1.95 1,740,045 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 1,452 $1.94 1,741,497 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 33,457 $1.94 1,774,954 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 284,746 $3.69 2,059,700 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 960,000 $3.17 3,019,700 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 102,710 $3.17 3,122,410 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2024-08-09 8,695,652 $2.61 11,818,062 No 4 X Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Disposition 2024-08-09 3,399,501 $9.04 8,418,561 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 X Indirect See Footnotes
No 4 S Indirect See Footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 4,379 $0.00 4,379 $1.95
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 1,452 $0.00 1,452 $1.94
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 33,457 $0.00 33,457 $1.94
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 284,746 $0.00 284,746 $3.69
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 960,000 $0.00 960,000 $3.17
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 102,710 $0.00 102,710 $3.17
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2024-08-09 8,695,652 $0.00 8,695,652 $2.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2030-08-28 No 4 X Indirect
0 2030-08-31 No 4 X Indirect
0 2030-09-01 No 4 X Indirect
35,593 2031-03-25 No 4 X Indirect
120,000 2031-09-14 No 4 X Indirect
12,838 2031-10-12 No 4 X Indirect
2,173,913 2032-08-01 No 4 X Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 757,340 Indirect See Footnotes
Footnotes
  1. Reflects securities held directly by FIG LLC, a Delaware limited liability company ("FIG"). Fortress Operating Entity I LP, a Delaware limited partnership ("FOE I"), is the owner of all of the issued and outstanding interests of FIG. FIG Blue LLC, a Delaware limited liability company ("FIG Blue"), is the general partner of FOE I. FIG Blue is wholly-owned by Fortress Investment Group LLC, a Delaware limited liability company ("Fortress Investment Group"). FINCO I Intermediate Holdco LLC, a Delaware limited liability company ("FINCO I IH"), is the sole member of Fortress Investment Group. FINCO I LLC, a Delaware limited liability company, is the sole member of FINCO I IH. FIG Parent, LLC, a Delaware limited liability company ("FIG Parent"), is the sole member of FINCO I LLC. Foundation Holdco LP, a Delaware limited partnership ("Foundation Holdco"), is the sole member of FIG Parent. FIG Buyer GP, LLC, a Delaware limited liability company is the general partner of Foundation Holdco.
  2. Each reporting person disclaims beneficial ownership of all reported securities except to the extent of its pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 or otherwise.
  3. On August 9, 2024, FIG exercised options to purchase an aggregate of 11,818,062 shares of the Issuer's common stock at various prices as reported in the two Forms 4 filed on the date hereof. These options were net settled, resulting in the Issuer's withholding of 3,399,501 of the option shares for the exercise prices and issuing to FIG the remaining 8,418,561 shares.
  4. Reflects securities held directly by Principal Holdings I LP, a Delaware limited partnership ("Principal Holdings"). Foundation Holdco LP, a Delaware limited partnership ("Foundation Holdco") is the general partner of Principal Holdings. FIG Buyer GP, LLC, a Delaware limited liability company ("FIG Buyer"), is the general partner of Foundation Holdco.
  5. These options are fully vested and exercisable, provided that FIG's right to exercise them is suspended in connection with those tandem awards held by certain directors and officers of the Issuer, subject to the terms of such awards.
  6. Reflects the cancellation of certain options in connection with the exercise of corresponding tandem awards by an officer of the Issuer.
  7. Upon grant (August 1, 2022), such options were fully vested and become exercisable over a 30-month period in monthly installments beginning on the first of each month following the month in which the options were granted, provided that FIG's right to exercise them is suspended in connection with those tandem awards held by certain directors and officers of the Issuer, subject to the terms of such awards.