Filing Details
- Accession Number:
- 0000950170-25-066193
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-07 20:33:49
- Reporting Period:
- 2025-05-05
- Filing Date:
- 2025-05-07
- Accepted Time:
- 2025-05-07 20:33:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1697500 | Solaris Energy Infrastructure Inc. | SEI | Oil & Gas Field Machinery & Equipment (3533) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
2036326 | J Turbines, Inc. | 2929 Buffalo Speedway, A1204 Houston TX 77098 | No | No | No | No | |
2036656 | Abraham John Johnson | 2929 Buffalo Speedway, A1204 Houston TX 77098 | No | 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 B Common Stock | Disposition | 2025-05-05 | 1,850,000 | $0.00 | 6,264,783 | No | 4 | J | Direct | |
Class A Common Stock | Acquisiton | 2025-05-05 | 1,850,000 | $0.00 | 1,850,000 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2025-05-05 | 1,850,000 | $20.60 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | C | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Solaris Energy Infrastructure, LLC Units | Disposition | 2025-05-05 | 1,850,000 | $0.00 | 1,850,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,264,783 | No | 4 | C | Direct |
Footnotes
- Each share of Class B common stock, par value $0.00 per share ("Class B common stock") of Solaris Energy Infrastructure, Inc. (the "Issuer") has no economic rights but entitles the holder to one vote on all matters to be voted on by the stockholders generally.
- Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Energy Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, as amended from time to time, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 17, 2017, units of Solaris LLC ("Solaris LLC Units") (together with a corresponding number of shares of the Issuer's Class B common stock) are exchangeable from time to time for shares of the Issuer's Class A common stock, par value $0.01 per share ("Class A common stock"). The shares of Class B common stock reported herein were cancelled for no consideration on a one-for-one basis upon the redemption by the reporting persons of its Solaris LLC Units (together with a corresponding number of shares of Class B common stock) for the shares of Class A common stock reported herein.
- In connection with the sale on May 5, 2025, J Turbines, Inc. ("J Turbines") (i) converted 1,850,000 shares of the Issuer's Class B common stock and an equal number of Solaris LLC Units into 1,850,000 shares of the Issuer's Class A common stock and (ii) sold 1,850,000 shares of the Issuer's Class A common stock at a price per share of $20.60.
- Includes securities received in connection with transactions contemplated by the Contribution Agreement, dated July 9, 2024, by and among the Issuer, Solaris LLC, John A. Johnson, John Tuma, J Turbines and KTR Management Company, LLC ("KTR"), a Texas limited liability company. On September 11, 2024, J Turbines and KTR each received, among other things, 8,114,783 shares of the Issuer's Class B common stock, together with a corresponding number of Solaris LLC Units in exchange for all of the issued and outstanding equity interests of Mobile Energy Rentals LLC, a Texas limited liability company, as more fully described in the Schedule 13D filed by the reporting persons with the SEC on September 13, 2024.
- Represents securities held directly by J Turbines. John A. Johnson owns all of the issued and outstanding equity interests of J Turbines and has the sole authority to vote or dispose of the shares held by J Turbines in his sole discretion. Mr. Johnson may therefore be deemed to beneficially own the securities of the Issuer held directly by J Turbines.