4//SEC Filing
Solaris Energy Capital, LLC 4
Accession 0001179110-21-003280
CIK 0001697500other
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 6:53 PM ET
Size
11.2 KB
Accession
0001179110-21-003280
Insider Transaction Report
Form 4
Solaris Energy Capital, LLC
10% Owner
Transactions
- Conversion
Solaris Oilfield Infrastructure, LLC Units
2021-03-10−400,000→ 3,513,496 total→ Class A Common Stock (400,000 underlying) - Sale
Class A Common Stock
2021-03-10$12.75/sh−400,000$5,100,000→ 0 total - Other
Class B Common Stock
2021-03-10−400,000→ 3,513,496 total - Conversion
Class A Common Stock
2021-03-10+400,000→ 400,000 total
Footnotes (4)
- [F1]Pursuant to 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 "Solaris LLC Agreement"), the shares of the Issuer's Class B common stock reported herein were cancelled for no consideration on a one-for-one basis upon the redemption by the Reporting Person of units in Solaris LLC ("Solaris LLC Units") (together with a corresponding number of shares of Class B common stock) for the shares of the Issuer's Class A common stock reported herein.
- [F2]On March 10, 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 400,000 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 $12.75 per share.
- [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 Solaris LLC Agreement, the Solaris LLC Units (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
IncorporatedDE
Related Parties
1- filerCIK 0001705554
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 6:53 PM ET
- Size
- 11.2 KB