Filing Details

Accession Number:
0000899243-17-026449
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-15 21:23:50
Reporting Period:
2017-11-13
Accepted Time:
2017-11-15 21:23:50
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 2017-11-13 2,107,089 $0.00 2,107,089 No 4 C Indirect See Footnote
Class A Common Stock Disposition 2017-11-14 2,107,089 $15.04 0 No 4 S Indirect See Footnote
Class B Common Stock Disposition 2017-11-13 2,107,089 $0.00 12,915,734 No 4 J Indirect See Footnote
Class A Common Stock Acquisiton 2017-11-14 553,112 $0.00 553,112 No 4 C Indirect See Footnote
Class A Common Stock Disposition 2017-11-15 553,112 $15.04 0 No 4 S Indirect See Footnote
Class B Common Stock Disposition 2017-11-14 553,112 $0.00 12,362,622 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
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 2017-11-13 2,107,089 $0.00 2,107,089 $0.00
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units Disposition 2017-11-14 553,112 $0.00 553,112 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,915,734 No 4 C Indirect
12,362,622 No 4 C Indirect
Footnotes
  1. 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.
  2. 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.
  3. 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.
  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 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.