James R. Burke - Nov 7, 2024 Form 4 Insider Report for Solaris Energy Infrastructure, Inc. (SEI)

Role
Director
Signature
/s/ Christopher M. Powell, Attorney-in-Fact
Stock symbol
SEI
Transactions as of
Nov 7, 2024
Transactions value $
-$133,760
Form type
4
Date filed
11/12/2024, 04:36 PM
Previous filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEI Class A Common Stock Sale -$134K -8K -32.95% $16.72 16.3K Nov 7, 2024 Direct F1, F2
holding SEI Class B Common Stock 42.7K Nov 7, 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 SEI Solaris Oilfield Infrastructure, LLC Units 42.7K Nov 7, 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 The reported price in Column 4 is a weighted average purchase price. These shares were sold in multiple transactions at prices ranging from $16.60 to $16.82 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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.