Filing Details

Accession Number:
0000899243-18-001114
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-16 20:52:12
Reporting Period:
2018-01-11
Accepted Time:
2018-01-16 20:52:12
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
1577919 Yorktown Energy Partners X, L.p. 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 2018-01-11 1,408,388 $0.00 1,408,388 No 4 C Direct
Class A Common Stock Disposition 2018-01-11 1,408,388 $21.65 0 No 4 S Direct
Class B Common Stock Disposition 2018-01-11 1,408,388 $0.00 10,954,234 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 1,408,388 $0.00 1,408,388 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,954,234 No 4 C Direct
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. 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.
  3. 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.