| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SEI | Class A Common Stock | Conversion of derivative security | $0 | +975K | $0.00 | 975K | Dec 16, 2024 | See footnote | F1, F5 | |
| transaction | SEI | Class A Common Stock | Sale | -$23.4M | -975K | -100% | $24.01 | 0 | Dec 16, 2024 | See footnote | F2, F5 |
| transaction | SEI | Class B Common Stock | Other | $0 | -975K | -12.11% | $0.00 | 7.08M | Dec 16, 2024 | See footnote | F1, F3, F4, F5 |
| holding | SEI | Class A Common Stock | 83.5K | Dec 16, 2024 | Direct | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SEI | Solaris Energy Infrastructure, LLC Units | Conversion of derivative security | -975K | -12.11% | 7.08M | Dec 16, 2024 | Class A Common Stock | 975K | See footnote | F5, F7 |
| Id | Content |
|---|---|
| F1 | Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Solaris Energy Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, included as Exhibit 10.4 to Solaris Energy Infrastructure, Inc.'s (the "Issuer") Annual Report on Form 10-K for the year ended December 31, 2023 (as amended, 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 the Issuer's Class B common stock, par value $0.00 per share ("Class B common stock")) for shares of the Issuer's Class A common stock, par value $0.01 per share ("Class A common stock") reported herein. |
| F2 | As previously disclosed in the Issuer's prospectus supplement dated December 10, 2024, filed with the U.S. Securities and Exchange Commission on December 11, 2024, on December 11, 2024, the Issuer completed a public underwritten offering of shares of Class A common stock, par value $0.01 per share (the "Offering"). On December 16, 2024, in connection with the underwriters' exercise of their option to purchase additional shares of Class A common stock in the Offering, Yorktown X sold 975,000 shares of Class A common stock at a price to the public of $24.75 per share, or a net per share price of $24.0075 after deducting $0.7425 per share of underwriting discounts and commissions. |
| F3 | Each share of Class B common stock has no economic rights but entitles the holder to one vote on all matters to be voted on by the stockholders generally. |
| F4 | The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose. |
| F5 | These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X. |
| F6 | Includes 11,945 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting. |
| F7 | Subject to the terms of the Solaris LLC Agreement, the 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. |