Filing Details
- Accession Number:
- 0000899243-18-001116
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-01-16 20:53:19
- Reporting Period:
- 2018-01-11
- Accepted Time:
- 2018-01-16 20:53:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1697500 | Solaris Oilfield Infrastructure Inc. | SOI | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1687161 | Yorktown X Associates Llc | 410 Park Avenue, 19Th Floor New York NY 10022 | No | 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 | 1,408,388 | $0.00 | 1,408,388 | No | 4 | C | Indirect | See Footnote |
| Class A Common Stock | Disposition | 2018-01-11 | 1,408,388 | $21.65 | 0 | No | 4 | S | Indirect | See Footnote |
| Class B Common Stock | Disposition | 2018-01-11 | 1,408,388 | $0.00 | 10,954,234 | No | 4 | J | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| 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 | 1,408,388 | $0.00 | 1,408,388 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,954,234 | No | 4 | C | Indirect |
Footnotes
- 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 Yorktown Energy Partners X, L.P., a Delaware limited partnership ("Yorktown X"), 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.
- The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
- These securities are owned directly by Yorktown X. The reporting person is the general partner of Yorktown X Company LP, the general partner of Yorktown X.
- 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.
- 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.
Billionaire Hedge Funds
