4//SEC Filing
Hatley Dustin A. 4
Accession 0001140361-22-038402
CIK 0001865187other
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 5:08 PM ET
Size
8.0 KB
Accession
0001140361-22-038402
Insider Transaction Report
Form 4
Hatley Dustin A.
Chief Accounting Officer
Transactions
- Tax Payment
Class A Common Stock
2022-10-24$14.10/sh−2,342$33,022→ 40,793 total
Holdings
- 5,331(indirect: See Footnote)
Solaris Midstream Holdings, LLC Units
→ Class A Common Stock (5,331 underlying) - 5,331(indirect: See Footnote)
Class B Common Stock
Footnotes (4)
- [F1]Surrender of shares on October 24, 2022 in payment of tax withholding due as a result of the settlement of vested restricted stock units.
- [F2]Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
- [F3]The beneficial ownership interests of the Reporting Person are represented by limited liability company interests in Solaris Midstream Investment, LLC ("Solaris Investment"), which has advised the Issuer that it intends to distribute all of the units in Solaris Midstream Holdings, LLC (the "Solaris LLC Units") and shares of the Issuer's Class B common stock it directly owns to its members, including the Reporting Person. Solaris Investment is expected to be wound up and dissolved following the foregoing distribution.
- [F4]Subject to certain limitations and exceptions described in the Fourth Amended and Restated Limited Liability Company Agreement of Solaris Midstream Holdings, LLC, the Solaris LLC Units (together with a corresponding number of shares of Class B common stock) are redeemable from time to time for shares of Class A common stock of the Issuer (on a one-for-one basis, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions).
Documents
Issuer
Aris Water Solutions, Inc.
CIK 0001865187
Entity typeother
Related Parties
1- filerCIK 0001540900
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 5:08 PM ET
- Size
- 8.0 KB