William A. Zartler - Sep 15, 2022 Form 4 Insider Report for Solaris Oilfield Infrastructure, Inc. (SOI)

Role: CHAIRMAN AND CEO, Director, 10%+ Owner
Signature: /s/ Cynthia M. Durrett, as attorney-in-fact for William A. Zartler
Stock symbol: SOI
Transactions as of: Sep 15, 2022
Transactions value $: $104,700
Form type: 4
Date filed: 9/16/2022, 04:00 PM
Previous filing: May 9, 2022
Next filing: Oct 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOI	Class A Common Stock	Purchase	$105K	+10K	+1.81%	$10.47	561K	Sep 15, 2022	Direct	F1
holding	SOI	Class B Common Stock						727K	Sep 15, 2022	Direct	F2
holding	SOI	Class B Common Stock						3.51M	Sep 15, 2022	See Footnote	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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	Sep 15, 2022	Class A Common Stock	727K		Direct	F4
holding	SOI	Solaris Oilfield Infrastructure, LLC Units						3.51M	Sep 15, 2022	Class A Common Stock	3.51M		See Footnote	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 309,343 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
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	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.
F4	Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Oilfield Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed May 17, 2017, the units in Solaris LLC (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.