Filing Details

Accession Number:
0001179110-21-002816
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2021-03-03 20:17:49
Reporting Period:
2021-03-01
Accepted Time:
2021-03-03 20:17:49
Original Submission Date:
2021-03-03
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 700
Houston TX 77024
President And Cfo 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 2021-03-01 58,824 $0.00 290,743 No 4 A Direct
Class A Common Stock Disposition 2021-03-01 9,740 $11.81 281,003 No 4 F Direct
Class A Common Stock Disposition 2021-03-01 11,500 $12.05 269,503 No 4 S Direct
Class A Common Stock Disposition 2021-03-02 10,000 $12.00 259,503 No 4 S Direct
Class A Common Stock Disposition 2021-03-03 10,000 $12.00 249,503 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 489,511 Direct
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 $0.00 489,511 489,511 Direct
Class A Common Stock Solaris Oilfield Infrastructure, LLC Units $0.00 57,166 57,166 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
489,511 489,511 Direct
57,166 57,166 Indirect
Footnotes
  1. Restricted Stock Award pursuant to the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan. The award vests in three equal annual installments on the first three anniversaries of the grant date.
  2. Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards.
  3. Includes 118,827 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
  4. The Price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.99 to $12.36, 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. Details are available upon request.
  5. 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.
  6. 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.
  7. The original Form 4, filed on March 3, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported a sale that occurred on March 3, 2021 as being a total of zero shares sold when in fact 10,000 shares of the Issuer's common stock were sold. The original Form 4 also erroneously reported the amount of shares beneficially owned following the transaction as zero. The corrected transaction reflects current holdings.