Filing Details

Accession Number:
0001179110-21-002352
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-26 17:06:09
Reporting Period:
2021-02-25
Accepted Time:
2021-02-26 17:06:09
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 700
Houston TX 77024
Chairman And Ceo Yes Yes 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 Disposition 2021-02-25 500,000 $11.00 0 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 225,794 Direct
Class B Common Stock 726,819 Direct
Class B Common Stock 3,913,496 Indirect See Footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units $0.00 726,819 726,819 Direct
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units $0.00 3,913,496 3,913,496 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
726,819 726,819 Direct
3,913,496 3,913,496 Indirect
Footnotes
  1. On February 25, 2021, Solaris Energy Capital, LLC ("Solaris Energy Capital") 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.
  2. Represents shares held by 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.
  3. Includes 116,667 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
  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 Second Amended and Restated Limited Liability Company Agreement of Solaris Oilfield Infrastructure, Inc. ("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.