4//SEC Filing
Ramachandran Kyle S. 4
Accession 0001179110-21-002766
CIK 0001697500other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:28 PM ET
Size
16.1 KB
Accession
0001179110-21-002766
Insider Transaction Report
Form 4
Ramachandran Kyle S.
PRESIDENT AND CFO
Transactions
- Award
Class A Common Stock
2021-03-01+58,824→ 290,743 total - Tax Payment
Class A Common Stock
2021-03-01$11.81/sh−9,740$115,029→ 281,003 total - Sale
Class A Common Stock
2021-03-01$12.05/sh−11,500$138,575→ 269,503 total - Sale
Class A Common Stock
2021-03-02$12.00/sh−10,000$120,000→ 259,503 total - Sale
Class A Common Stock
2021-03-03−0→ 0 total
Holdings
- 489,511
Class B Common Stock
- 57,166(indirect: By 401(k))
Class B Common Stock
- 489,511
Solaris Oilfield Infrastructure, LLC Units
→ Class A Common Stock (489,511 underlying) - 57,166(indirect: By 401(k))
Solaris Oilfield Infrastructure, LLC Units
→ Class A Common Stock (57,166 underlying)
Footnotes (6)
- [F1]Restricted Stock Award pursuant to the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan. The award vests in three equal annual installments on the first three anniversaries of the grant date.
- [F2]Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards.
- [F3]Includes 118,827 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
- [F4]The Price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.99 to $12.36, inclusive. The reporting person undertakes to provide Solaris Oilfield Infrastructure, Inc., any security holder of Solaris Oilfield Infrastructure, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to the Form 4. Details are available upon request.
- [F5]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.
- [F6]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.
Documents
Issuer
Solaris Oilfield Infrastructure, Inc.
CIK 0001697500
Entity typeother
Related Parties
1- filerCIK 0001705386
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:28 PM ET
- Size
- 16.1 KB