Amanda M. Brock - Mar 1, 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
Stock symbol
ARIS
Transactions as of
Mar 1, 2024
Transactions value $
-$418,679
Form type
4
Date filed
3/5/2024, 06:56 PM
Previous filing
Dec 19, 2023
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARIS Class A Common Stock Tax liability -$419K -34.8K -7.11% $12.04 455K Mar 1, 2024 Direct F1
transaction ARIS Class A Common Stock Award $0 +203K +44.75% $0.00 658K Mar 1, 2024 Direct F2
holding ARIS Class B Common Stock 407K Mar 1, 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 407K Mar 1, 2024 Class A Common Stock 407K 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