Joseph Colonnetta - Jul 1, 2023 Form 4 Insider Report for Aris Water Solutions, Inc. (ARIS)

Role: Director
Signature: /s/ Adrian Milton, as Attorney-in-Fact
Stock symbol: ARIS
Transactions as of: Jul 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/5/2023, 05:06 PM
Previous filing: Nov 21, 2022
Next filing: Jul 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARIS	Class A Common Stock	Award	$0	+9.69K	+51.85%	$0.00	28.4K	Jul 1, 2023	Direct	F1
holding	ARIS	Class A Common Stock						123K	Jul 1, 2023	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	Represents an annual award of restricted stock units ("RSUs") as compensation for the Reporting Person's duties as a non-employee director of the Issuer. The award of RSUs was 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 on the earliest to occur of: (i) the date of the Issuer's 2024 annual meeting of stockholders if the Reporting Person is not continuing on the Issuer's board of directors or (ii) July 1, 2024. Settlement of all or a portion of the vested RSUs may be deferred by the Reporting Person, in which case, settlement will occur pursuant to the terms of the Reporting Person's applicable deferral election.
F2	Represents securities held directly by Colonnetta Family Partners I, LP ("Colonnetta Partners"). Colonnetta Management Company LLC ("Colonnetta Management") is the general partner of Colonnetta Partners. The Reporting Person and the Reporting Person's spouse are the managers of Colonnetta Management. As a result, the Reporting Person may be deemed to beneficially own the securities owned by Colonnetta Partners.

Content

Represents an annual award of restricted stock units ("RSUs") as compensation for the Reporting Person's duties as a non-employee director of the Issuer. The award of RSUs was 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 on the earliest to occur of: (i) the date of the Issuer's 2024 annual meeting of stockholders if the Reporting Person is not continuing on the Issuer's board of directors or (ii) July 1, 2024. Settlement of all or a portion of the vested RSUs may be deferred by the Reporting Person, in which case, settlement will occur pursuant to the terms of the Reporting Person's applicable deferral election.

Represents securities held directly by Colonnetta Family Partners I, LP ("Colonnetta Partners"). Colonnetta Management Company LLC ("Colonnetta Management") is the general partner of Colonnetta Partners. The Reporting Person and the Reporting Person's spouse are the managers of Colonnetta Management. As a result, the Reporting Person may be deemed to beneficially own the securities owned by Colonnetta Partners.