Form4insider filings, from the source

SEC Form 4 · accession 0000899243-18-002844

FTS International, Inc. · FTSI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners
Ong Tiong Sin
Director · 10% Owner
Period of report
Feb 2, 2018
Accepted (ET)
Feb 5, 2018 · 2:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001529463

Table I — non-derivative securities

SecurityDateCodeSharesPriceA/DOwned afterD/INature of ownership
Common Stock, par value $0.01F1Feb 2, 2018P280,000$18.00A12,175,935ISee Footnote
Common Stock, par value $0.01F2Feb 2, 2018P280,000$18.00A1,164,291ISee Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

Remarks

The Issuer, Senja and Hampton entered into an investors' rights agreement, pursuant to which Senja and Hampton will have the right to collectively nominate one director so long as they beneficially own, together, at least 5% of the common stock of the Issuer. This investors' rights agreement is further detailed in the Form S-1/A filed by the Issuer on February 1, 2018. Mr. Ong is (A) a director (one of five directors, the other four directors of RRJ Capital being Ong Tiong Boon, Eddie Teh Ewe Guan, Rizal Bin Ishak and Kim Young So) and sole shareholder of RRJ Capital, (B) a limited partner in RRJ Master through a special purpose vehicle, (C) a director (one of two directors, the other director of Senja being Kim Young So) of Senja, and (D) the sole director and sole shareholder of Hampton. Mr. Ong disclaims beneficial ownership of any shares owned directly or indirectly by Senja, except to the extent of his pecuniary interest therein. As such, the shares attributed to Mr. Ong represent a sum of the shares beneficially owned by Senja and Hampton.