Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARIS | Class A Common Stock | Tax liability | -$293K | -18.9K | -4.78% | $15.47 | 377K | Dec 16, 2022 | Direct | F1 |
holding | ARIS | Class B Common Stock | 407K | Dec 16, 2022 | See Footnote | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ARIS | Solaris Midstream Holdings, LLC Units | 407K | Dec 16, 2022 | Class A Common Stock | 407K | See Footnote | F3, F4 |
Id | Content |
---|---|
F1 | Surrender of shares on December 16, 2022 in payment of tax withholding due as a result of the settlement of vested restricted stock units. |
F2 | 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. |
F3 | The beneficial ownership interests of the Reporting Person are represented by limited liability company interests in Solaris Midstream Investment, LLC ("Solaris Investment"), which has advised the Issuer that it intends to distribute all of the units in Solaris Midstream Holdings, LLC (the "Solaris LLC Units") and shares of the Issuer's Class B common stock it directly owns to its members, including the Reporting Person. Solaris Investment is expected to be wound up and dissolved following the foregoing distribution. |
F4 | Subject to certain limitations and exceptions described in the Fourth Amended and Restated Limited Liability Company Agreement of Solaris Midstream Holdings, LLC, the Solaris LLC Units (together with a corresponding number of shares of Class B common stock) are redeemable from time to time for shares of Class A common stock of the Issuer (on a one-for-one basis, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions). |
Exhibit 24.1 - Power of Attorney