Filing Details

Accession Number:
0001104659-18-002378
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-16 16:08:50
Reporting Period:
2018-01-11
Accepted Time:
2018-01-16 16:08:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1697500 Solaris Oilfield Infrastructure Inc. SOI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1520378 A William Zartler 9811 Katy Freeway, Suite 900
Houston TX 77027
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-01-11 93,447 $0.00 171,358 No 4 C Direct
Class A Common Stock Acquisiton 2018-01-11 567,444 $0.00 567,444 No 4 C Indirect See Footnote
Class A Common Stock Disposition 2018-01-11 93,447 $21.65 77,911 No 4 S Direct
Class A Common Stock Disposition 2018-01-11 567,444 $21.65 0 No 4 S Indirect See Footnote
Class B Common Stock Disposition 2018-01-11 93,447 $0.00 726,819 No 4 J Direct
Class B Common Stock Disposition 2018-01-11 567,444 $0.00 4,413,496 No 4 J Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Indirect See Footnote
No 4 S Direct
No 4 S Indirect See Footnote
No 4 J Direct
No 4 J Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units Disposition 2018-01-11 93,447 $0.00 93,447 $0.00
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units Disposition 2018-01-11 567,444 $0.00 567,444 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
726,819 No 4 C Direct
4,413,496 No 4 C Indirect
Footnotes
  1. 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 (except the shares of Class A common stock described in footnote 2 below).
  2. Includes 77,911 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
  3. Represents shares held by Solaris Energy Capital, LLC ("Solaris Energy Capital"). The Reporting Person is the sole member of Solaris Energy Capital and has the authority to vote or dispose of the shares held by Solaris Energy Capital in his sole discretion. The Reporting Person disclaims beneficial ownership of the shares held by Solaris Energy Capital in excess of his pecuniary interest therein.
  4. 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.
  5. 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.