Filing Details

Accession Number:
0001179110-19-009851
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-26 18:26:02
Reporting Period:
2019-08-23
Accepted Time:
2019-08-26 18:26:02
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
1227489 R James Burke 9811 Katy Freeway
Suite 700
Houston TX 77024
Yes No 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 Disposition 2019-08-26 5,641 $13.45 7,305 No 4 S Direct
Class A Common Stock Acquisiton 2019-08-23 7,305 $0.00 12,946 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 92,734 Direct
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 92,734 92,734 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
92,734 92,734 Direct
Footnotes
  1. The Price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.34 to $13.64, inclusive. The reporting person undertakes to provide Solaris Oilfield Infrastructure, Inc., any security holder of Solaris Oilfield Infrastructure, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to the Form 4.
  2. Restricted Stock Award pursuant to the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan. The award vests in full on the first anniversary of the grant date.
  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 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 units in Solaris LLC (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.