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