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Filing Details

Accession Number:: 0000899243-21-029261
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-07-21 17:05:52
Reporting Period:: 2021-07-19

Accepted Time:: 2021-07-21 17:05:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1831651	Shoals Technologies Group Inc.	SHLS	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
949509	Oaktree Capital Management Lp	C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1001085	Brookfield Asset Management Inc.	Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3	No	No	Yes	No
1403527	Oaktree Capital Group Holdings, L.p.	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1403528	Oaktree Capital Group, Llc	C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1499005	Oaktree Fund Gp, Llc	333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1622599	Oaktree Power Opportunities Fund Iv, L.p.	333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1701705	Oaktree Power Opportunities Fund Iv (Parallel), L.p.	333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1790787	Atlas Ocm Holdings, Llc	C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1834996	Oaktree Power Opportunities Fund Iv (Delaware) Holdings, L.p.	1400 Shoals Way Portland TN 37148	No	No	Yes	No
1861643	Trust Partners Bam	Brookfield Place 181 Bay Street, Suite 300 Toronto A6 A6 M5J 2T3	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.00001 Per Share	Disposition	2021-07-19	4,977,751	$0.00	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons") (i) Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. ("Oaktree Power"), (ii) Oaktree Power Opportunities Fund IV, L.P. (the "Main Fund"); (iii)Oaktree Power Opportunities Fund IV (Parallel), L.P. (the "Parallel Fund"); (iv) Oaktree Fund GP, LLC ("OFGP"); (v) Oaktree Capital Management, L.P. ("OCM"); (vi) Oaktree Capital Group, LLC ("OCG"); (vii) Atlas OCM Holdings LLC ("Atlas OCM"); (viii) Brookfield Asset Management, Inc. ("Brookfield"); (ix) BAM Partners Trust and (x) Oaktree Capital Group Holdings, L.P. ("OCGH LP").
Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. ("Oaktree Power") is beneficially owned by the Main Fund and Parallel Fund. We refer to the Main Fund and the Parallel Fund, collectively, as the "Oaktree Funds." Oaktree Power is controlled by its general partner, OFGP. OFGP is in turn an affiliate of OCM, which is the investment manager of each of the Oaktree Funds. As a result, each of the Oaktree Funds and OCM may be deemed to have beneficial ownership of the shares owned by Oaktree Power. OCM's asset management business is indirectly controlled by OCG and Atlas OCM. As of November 9, 2020, approximately 61.8% of OCM's business is indirectly owned by Brookfield and the remaining approximately 38.2% is ultimately owned by current and former OCM executives and employees. Brookfield's ownership interest in OCM's business is held through OCG, Atlas OCM and other holding entities. BAM Partners Trust is the sole owner of Class B Limited Voting Shares of Brookfield.
(Continued from footnote 2) The current and former OCM executives and employees hold their interests through a separate entity, OCGH LP. The board of directors of OCG and of Atlas OCM is currently comprised of: (i) five Oaktree senior executives, Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank, and Sheldon M. Stone; (ii) three independent directors, Stephen J. Gilbert, D. Richard Masson, and Marna C. Whittington; and (iii) two Brookfield senior executives, Justin B. Beber and J. Bruce Flatt.
Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.
Represents Class A Common Stock, par value $0.00001 per share ("Class A Common Stock") of Shoals Technologies Group, Inc. disposed of in connection with an underwritten public offering, which closed on July 19, 2021. These shares of Class A Common Stock were disposed at $27.02 per share, a public offering price of $28.00 per share less the underwriting discounts.