Filing Details

Accession Number:
0001104659-18-002377
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-16 16:08:20
Reporting Period:
2018-01-11
Accepted Time:
2018-01-16 16:08:20
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 900
Houston TX 77027
Chief Financial Officer 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 2018-01-11 62,937 $0.00 217,364 No 4 C Direct
Class A Common Stock Disposition 2018-01-11 62,937 $21.65 154,427 No 4 S Direct
Class B Common Stock Disposition 2018-01-11 62,937 $0.00 489,511 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 J Direct
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 2018-01-11 62,937 $0.00 62,937 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
489,511 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
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 57,166 57,166 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
57,166 57,166 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 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 common stock reported herein (except the shares of Class A common stock described in footnote 2 below).
  2. Includes 154,427 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting .
  3. 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.
  4. 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.