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Filing Details

Accession Number:: 0001179110-21-003279
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-11 18:53:00
Reporting Period:: 2021-03-10

Accepted Time:: 2021-03-11 18:53:00
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-03-10	400,000	$0.00	400,000	No	4	C	Indirect	See Footnote
Class A Common Stock	Disposition	2021-03-10	400,000	$12.75	0	No	4	S	Indirect	See Footnote
Class B Common Stock	Disposition	2021-03-10	400,000	$0.00	3,513,496	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Solaris Oilfield Infrastructure, LLC Units	Disposition	2021-03-10	400,000	$0.00	400,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,513,496			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	318,661	Direct
Class B Common Stock	726,819	Direct

Reported Derivative Holdings

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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

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	726,819	726,819	Direct

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 noconsideration 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 commonstock reported herein (except the shares of Class A common stock described in footnote 3 below).
On March 10, 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 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.
Includes 171,711 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
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.
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.
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.