Solaris Energy Capital, LLC 4
4 · Solaris Oilfield Infrastructure, Inc. · Filed Feb 26, 2021
Insider Transaction Report
Form 4
Solaris Energy Capital, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2021-02-25$11.00/sh−500,000$5,500,000→ 0 total
Holdings
- 3,913,496
Class B Common Stock
- 3,913,496
Solaris Oilfield Infrastructure, LLC Units
→ Class A Common STock (3,913,496 underlying)
Footnotes (3)
- [F1]On February 25, 2021, the Reporting Person executed a block trade under Rule 144 of the Securities Act of 1933, as amended, pursuant to which an aggregate of 500,000 shares of the Issuer's Class A common stock were sold in a single transaction exempt from registration under Rule 144 at a price of $11.00 per share.
- [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]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.