Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | SOI | Solaris Oilfield Infrastructure, LLC Units | 727K | Mar 1, 2022 | Class A Common Stock | 727K | Direct | F6 | ||||||
holding | SOI | Solaris Oilfield Infrastructure, LLC Units | 3.51M | Mar 1, 2022 | Class A Common Stock | 3.51M | See Footnote | F5, F6 |
Id | Content |
---|---|
F1 | 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. |
F2 | Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards. |
F3 | Includes 309,343 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting. |
F4 | 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. |
F5 | Represents shares held by Solaris Energy Capital. The Reporting Person is the sole member of Solaris Energy Capital and has the authority to vote or dispose of the shares held by Solaris Energy Capital in his sole discretion. The Reporting Person disclaims beneficial ownership of the shares held by Solaris Energy Capital in excess of his pecuniary interest therein. |
F6 | Subject to the terms of the Solaris LLC Agreement, the Solaris LLC Units (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. |