Filing Details
- Accession Number:
- 0001179110-21-002816
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2021-03-03 20:17:49
- Reporting Period:
- 2021-03-01
- Accepted Time:
- 2021-03-03 20:17:49
- Original Submission Date:
- 2021-03-03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1697500 | Solaris Oilfield Infrastructure Inc. | SOI | Oil & Gas Field Machinery & Equipment (3533) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1705386 | S. Kyle Ramachandran | 9811 Katy Freeway Suite 700 Houston TX 77024 | President And Cfo | No | Yes | No | 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 | 2021-03-01 | 58,824 | $0.00 | 290,743 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2021-03-01 | 9,740 | $11.81 | 281,003 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2021-03-01 | 11,500 | $12.05 | 269,503 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-03-02 | 10,000 | $12.00 | 259,503 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-03-03 | 10,000 | $12.00 | 249,503 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 489,511 | Direct | |
Class B Common Stock | 57,166 | Indirect | 401(k) Plan |
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 | 489,511 | 489,511 | Direct | ||
Class A Common Stock | Solaris Oilfield Infrastructure, LLC Units | $0.00 | 57,166 | 57,166 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
489,511 | 489,511 | Direct | |
57,166 | 57,166 | Indirect |
Footnotes
- 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.
- Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards.
- Includes 118,827 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
- 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.
- 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 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.
- The original Form 4, filed on March 3, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported a sale that occurred on March 3, 2021 as being a total of zero shares sold when in fact 10,000 shares of the Issuer's common stock were sold. The original Form 4 also erroneously reported the amount of shares beneficially owned following the transaction as zero. The corrected transaction reflects current holdings.