Amanda M. Brock - 01 Mar 2024 Form 4 Insider Report for Aris Water Solutions, Inc. (ARIS)

Role
President and CEO, Director
Signature
/s/ Robert W. Hunt, Jr., as Attorney-in-Fact
Issuer symbol
ARIS
Transactions as of
01 Mar 2024
Net transactions value
-$418,679
Form type
4
Filing time
05 Mar 2024, 18:56:43 UTC
Previous filing
19 Dec 2023
Next filing
09 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARIS Class A Common Stock Tax liability $418,679 -34,774 -7.1% $12.04 454,519 01 Mar 2024 Direct F1
transaction ARIS Class A Common Stock Award $0 +203,390 +45% $0.000000 657,909 01 Mar 2024 Direct F2
holding ARIS Class B Common Stock 406,693 01 Mar 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 ARIS Solaris Midstream Holdings, LLC Units 406,693 01 Mar 2024 Class A Common Stock 406,693 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares on March 1, 2024 in payment of tax withholding due as a result of the settlement of vested restricted stock units.
F2 Represents 203,390 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, 2025, (ii) one-third on March 1, 2026, and (iii) one-third on March 1, 2027.
F3 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.
F4 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).

Remarks:

Ex. 24.1 - Power of Attorney