Key facts
- This page summarizes Kenneth J. Nicholson's Form 4 filing for FTAI Aviation Ltd. (FTAI).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 24 Aug 2023, 07:17.
Kenneth J. Nicholson - 22 Aug 2023 Form 4 Insider Report for FTAI Aviation Ltd. (FTAI)
- Reporting relationship
- Director
- Issuer ticker
- FTAI
- Reported as of
- 22 Aug 2023
- Net transaction value
- -$665
- SEC form
- 4
- Accepted by SEC
- 24 Aug 2023, 07:17:31 UTC
- Prior SEC filing
- 10 Mar 2023
- Next SEC filing
- 28 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ BoHee Yoon, as Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kenneth J. Nicholson filed Form 4 for FTAI Aviation Ltd. (FTAI) on 24 Aug 2023.
Change
- Previous filing in this sequence was filed on 10 Mar 2023.
- Current net transaction value: -$665.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FTAI
transaction
Ordinary Shares
Options Exercise
- Transaction value
- $21,311
- Shares
- +1,727
- Change %
- +1.6%
- Price
- $12.34
- Shares after
- 111,510
- Date
- 22 Aug 2023
- Ownership
- Direct
FTAI
transaction
Ordinary Shares
Options Exercise
- Transaction value
- $160,513
- Shares
- +11,272
- Change %
- +10%
- Price
- $14.24
- Shares after
- 122,782
- Date
- 22 Aug 2023
- Ownership
- Direct
FTAI
transaction
Ordinary Shares
Tax liability
- Transaction value
- $182,490
- Shares
- -5,142
- Change %
- -4.2%
- Price
- $35.49
- Shares after
- 117,640
- Date
- 22 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FTAI
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -1,727
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 22 Aug 2023
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 1,727
- Exercise price
- $12.34
- Footnotes
- F2, F3, F4
FTAI
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -11,272
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 22 Aug 2023
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 11,272
- Exercise price
- $14.24
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
No shares were sold. Reflects deemed surrender of shares to satisfy the exercise price due upon exercise of the associated options.
Footnote F2
When tandem awards are granted with respect to manager options, the manager options become exercisable in monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of tandem awards to the total number of related options (including options underlying such tandem awards) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period.
Footnote F3
Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-monthperiod (the "Total Exercisability Period") in monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 3)
Footnote F4
Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option.