Key facts
- This page summarizes Dean Solon's Form 4 filing for Shoals Technologies Group, Inc. (SHLS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 Mar 2023, 15:20.
Dean Solon - 07 Mar 2023 Form 4 Insider Report for Shoals Technologies Group, Inc. (SHLS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- SHLS
- Reported as of
- 07 Mar 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 08 Mar 2023, 15:20:51 UTC
- Prior SEC filing
- 06 Dec 2022
- Next SEC filing
- 10 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Dean Solon
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Dean Solon filed Form 4 for Shoals Technologies Group, Inc. (SHLS) on 08 Mar 2023.
Change
- Previous filing in this sequence was filed on 06 Dec 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SHLS
transaction
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -28,176,897
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 07 Mar 2023
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
SHLS
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +28,176,897
- Change %
- Price
- Shares after
- 28,176,897
- Date
- 07 Mar 2023
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
SHLS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 62,500
- Date
- 07 Mar 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SHLS
transaction
Derivative
Common Units
Conversion of derivative security
- Transaction value
- Shares
- -28,176,897
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 07 Mar 2023
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,176,897
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
In connection with a previously announced underwritten public offering, the Reporting Persons (as defined below) converted common units ("Common Units") of Shoals Parent LLC ("Parent") (together with a corresponding number of shares of the Issuer's Class B Common Stock) into an equivalent number of shares of the Issuer's Class A Common Stock.
Footnote F2
Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, Dean Solon, Solon Holdco I, LLC ("Holdco I") and Solon Holdco II, LLC ("Holdco II") may, subject to certain exceptions, from time to time at each of their options, require Parent to redeem all or a portion of their Parent Common Units (together with an equal number of shares of the Issuer's Class B Common Stock which are forfeited for no consideration) in exchange for, at the Issuer's election (determined solely by a majority of the Issuer's directors who are disinterested), newly issued shares of the Issuer's Class A Common Stock on a one-for-one basis or a cash payment equal to a volume-weighted average market price of one share of Class A Common Stock for each Common Unit so redeemed.
Footnote F3
This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons") (i) Dean Solon; (ii) Holdco I; (iii) Holdco II; and (iv) Solon Holdco III, LLC.