0000899243-21-047671.txt : 20211209
0000899243-21-047671.hdr.sgml : 20211209
20211209213856
ACCESSION NUMBER: 0000899243-21-047671
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211207
FILED AS OF DATE: 20211209
DATE AS OF CHANGE: 20211209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Solon Holdco III, LLC
CENTRAL INDEX KEY: 0001839671
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39942
FILM NUMBER: 211483498
BUSINESS ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
BUSINESS PHONE: 615-451-1400
MAIL ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Solon Dean
CENTRAL INDEX KEY: 0001838438
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39942
FILM NUMBER: 211483501
MAIL ADDRESS:
STREET 1: C/O SHOALS TECHNOLOGIES GROUP
STREET 2: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Solon Holdco I, GP
CENTRAL INDEX KEY: 0001839700
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39942
FILM NUMBER: 211483500
BUSINESS ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
BUSINESS PHONE: 615-451-1400
MAIL ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Solon Holdco II, GP
CENTRAL INDEX KEY: 0001839696
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39942
FILM NUMBER: 211483499
BUSINESS ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
BUSINESS PHONE: 615-451-1400
MAIL ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Shoals Technologies Group, Inc.
CENTRAL INDEX KEY: 0001831651
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
BUSINESS PHONE: 615-451-1400
MAIL ADDRESS:
STREET 1: 1400 SHOALS WAY
CITY: PORTLAND
STATE: TN
ZIP: 37148
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-12-07
0
0001831651
Shoals Technologies Group, Inc.
SHLS
0001838438
Solon Dean
1400 SHOALS WAY
PORTLAND
TN
37148
1
0
1
0
0001839700
Solon Holdco I, GP
1400 SHOALS WAY
PORTLAND
TN
37148
0
0
1
0
0001839696
Solon Holdco II, GP
1400 SHOALS WAY
PORTLAND
TN
37148
0
0
1
0
0001839671
Solon Holdco III, LLC
1400 SHOALS WAY
PORTLAND
TN
37148
0
0
1
0
Class B Common Stock
2021-12-07
4
C
0
6000000
D
50072959
I
See Footnote
Class A Common Stock
2021-12-07
4
C
0
6000000
A
50072959
I
See Footnote
Common Units
2021-12-07
4
C
0
6000000
D
Class A Common Stock
6000000
50072959
I
See Footnote
Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Shoals Parent LLC ("Parent"), Dean Solon, Holdco I and 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 ("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.
This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons") (i) Dean Solon, (ii) Solon Holdco I, GP ("Holdco I"); (iii) Solon Holdco II, GP ("Holdco II") and (iv) Solon Holdco III, LLC ("Holdco III").
In connection with the expiration of the post-IPO related lockup, the Reporting Persons converted Common Units (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.
/s/ Mehgan Peetz, as Attorney-in-Fact for Dean Solon
2021-12-09
/s/ Meghan Peetz, as Attorney-in-Fact for Solon Holdco I, GP
2021-12-09
/s/ Meghan Peetz, as Attorney-in-Fact for Solon Holdco II, GP
2021-12-09
/s/ Meghan Peetz, as Attorney-in-Fact for Solon Holdco III, LLC
2021-12-09