Amanda M. Brock - Mar 10, 2023 Form 4 Insider Report for Aris Water Solutions, Inc. (ARIS)

Role: President and CEO, Director
Signature: /s/ Adrian Milton, as Attorney-in-Fact
Stock symbol: ARIS
Transactions as of: Mar 10, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/10/2023, 03:19 PM
Previous filing: Mar 2, 2023
Next filing: May 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARIS	Class A Common Stock	Award	$0	+157K	+42.75%	$0.00	525K	Mar 10, 2023	Direct	F1
holding	ARIS	Class B Common Stock						407K	Mar 10, 2023	Direct	F2

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	ARIS	Solaris Midstream Holdings, LLC Units						407K	Mar 10, 2023	Class A Common Stock	407K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents 157,301 restricted stock units ("RSUs") granted under the Aris Water Solutions, Inc. 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of the Issuer's Class A common stock. The RSUs will vest in the following installments: (i) one-third on March 1, 2024, (ii) one-third on March 1, 2025, and (iii) one-third on March 1, 2026.
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	Subject to certain limitations and exceptions described in the Fourth Amended and Restated Limited Liability Company Agreement of Solaris Midstream Holdings, LLC, the units in Solaris Midstream Holdings, LLC (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).