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Filing Details

Accession Number:: 0000950170-24-137913
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-18 16:22:32
Reporting Period:: 2024-12-16

Accepted Time:: 2024-12-18 16:22:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1697500	Solaris Energy Infrastructure Inc.	SEI	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1370287	Jr Howard W Keenan	410 Park Avenue, 20Th Floor New York NY 10022		No	No	No	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	2024-12-16	975,000	$0.00	975,000	No	4	C	Indirect	See footnote
Class A Common Stock	Disposition	2024-12-16	975,000	$24.01	0	No	4	S	Indirect	See footnote
Class B Common Stock	Disposition	2024-12-16	975,000	$0.00	7,079,234	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Solaris Energy Infrastructure, LLC Units	Disposition	2024-12-16	975,000	$0.00	975,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,079,234			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	83,532	Direct

Footnotes

Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Solaris Energy Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, included as Exhibit 10.4 to Solaris Energy Infrastructure, Inc.'s (the "Issuer") Annual Report on Form 10-K for the year ended December 31, 2023 (as amended, 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 the Issuer's Class B common stock, par value $0.00 per share ("Class B common stock")) for shares of the Issuer's Class A common stock, par value $0.01 per share ("Class A common stock") reported herein.
As previously disclosed in the Issuer's prospectus supplement dated December 10, 2024, filed with the U.S. Securities and Exchange Commission on December 11, 2024, on December 11, 2024, the Issuer completed a public underwritten offering of shares of Class A common stock, par value $0.01 per share (the "Offering"). On December 16, 2024, in connection with the underwriters' exercise of their option to purchase additional shares of Class A common stock in the Offering, Yorktown X sold 975,000 shares of Class A common stock at a price to the public of $24.75 per share, or a net per share price of $24.0075 after deducting $0.7425 per share of underwriting discounts and commissions.
Each share of Class B common stock has no economic rights but entitles the holder to one vote on all matters to be voted on by the stockholders generally.
The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.
Includes 11,945 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
Subject to the terms of the Solaris LLC Agreement, the Solaris LLC Units (together with a corresponding number of shares of the Issuer's Class B common stock) are exchangeable from time to time for shares of the Issuer's Class A common stock.