James R. Burke - Aug 23, 2024 Form 4 Insider Report for Solaris Oilfield Infrastructure, Inc. (SOI)

Role
Director
Signature
/s/ Christopher M. Powell, Attorney-in-Fact
Stock symbol
SOI
Transactions as of
Aug 23, 2024
Transactions value $
$0
Form type
4
Date filed
8/27/2024, 04:30 PM
Previous filing
Aug 30, 2023
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOI Class A Common Stock Award $0 +12.4K +103.92% $0.00 24.3K Aug 23, 2024 Direct F1, F2
holding SOI Class B Common Stock 42.7K Aug 23, 2024 Direct 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 42.7K Aug 23, 2024 Class A Common Stock 42.7K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Award pursuant to the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan. The award vests in full on the first anniversary of the grant date.
F2 Includes 12,372 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
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 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.