Durrett Cynthia M. 4
4 · Solaris Oilfield Infrastructure, Inc. · Filed Aug 25, 2020
Insider Transaction Report
Form 4
Durrett Cynthia M.
DirectorCHIEF ADMINISTRATIVE OFFICER
Transactions
- Tax Payment
Class A common stock
2020-08-23$7.51/sh−1,838$13,803→ 78,769 total
Holdings
- 165,038
Solaris Oilfield Infrastructure, LLC Units
→ Class A Common Stock (165,038 underlying) - 165,038
Class B Common Stock
Footnotes (4)
- [F1]Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards.
- [F2]Includes 50,001 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
- [F3]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.
- [F4]Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Oilfield Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed May 17, 2017, the units in Solaris LLC (together with a corresponding number of shares of Class B common stock) are exchangeable from time to time for shares of Class A common stock of the Issuer.