0001179110-18-011353.txt : 20180913
0001179110-18-011353.hdr.sgml : 20180913
20180913102937
ACCESSION NUMBER: 0001179110-18-011353
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180912
FILED AS OF DATE: 20180913
DATE AS OF CHANGE: 20180913
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BURKE JAMES R
CENTRAL INDEX KEY: 0001227489
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38090
FILM NUMBER: 181068201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Solaris Oilfield Infrastructure, Inc.
CENTRAL INDEX KEY: 0001697500
STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9811 KATY FREEWAY
STREET 2: SUITE 900
CITY: HOUSTON
STATE: TX
ZIP: 77024
BUSINESS PHONE: (281)501-3070
MAIL ADDRESS:
STREET 1: 9811 KATY FREEWAY
STREET 2: SUITE 900
CITY: HOUSTON
STATE: TX
ZIP: 77024
4
1
edgar.xml
FORM 4 -
X0306
4
2018-09-12
0
0001697500
Solaris Oilfield Infrastructure, Inc.
SOI
0001227489
BURKE JAMES R
9811 KATY FREEWAY
SUITE 700
HOUSTON
TX
77024
1
0
0
0
Class A Common Stock
2018-09-12
4
S
0
7170
16.67
D
5641
D
Class B Common Stock
92734
D
Solaris Oilfield Infrastructure, LLC Units
Class A Common Stock
92734
92734
D
Options to purchase Class A Common Stock, par value $0.01
2.87
2025-11-20
Class A Common Stock
10629
10629
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.54 to $16.85, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
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.
Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Oilfield Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed May 17, 2017, the units in Solaris LLC (together with a corresponding number of shares of Class B common stock) are exchangeable from time to time for shares of Class A common stock of the Issuer.
Represents options to purchase Class A common stock which became exercisable immediately following the completion of the IPO, and which were granted in 2015 pursuant to the Solaris LLC 2015 Membership Unit Option Plan. In connection with the consummation of the IPO, these options were converted into options under the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan. The options granted under the Solaris LLC 2015 Membership Unit Option Plan had an exercise price of $135.00 per unit, which exercise price was proportionately adjusted in connection with the IPO to an exercise price of $2.87 per share.
/s/ Cynthia M. Durrett, as attorney-in-fact for James R. Burke
2018-09-13