0001209191-22-059827.txt : 20221205 0001209191-22-059827.hdr.sgml : 20221205 20221205181355 ACCESSION NUMBER: 0001209191-22-059827 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221201 FILED AS OF DATE: 20221205 DATE AS OF CHANGE: 20221205 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: 221446135 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: 221446138 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, LLC CENTRAL INDEX KEY: 0001839700 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39942 FILM NUMBER: 221446137 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 FORMER NAME: FORMER CONFORMED NAME: Solon Holdco I, GP DATE OF NAME CHANGE: 20210108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Solon Holdco II, LLC CENTRAL INDEX KEY: 0001839696 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39942 FILM NUMBER: 221446136 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 FORMER NAME: FORMER CONFORMED NAME: Solon Holdco II, GP DATE OF NAME CHANGE: 20210108 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 2022-12-01 0 0001831651 Shoals Technologies Group, Inc. SHLS 0001838438 Solon Dean 1400 SHOALS WAY PORTLAND TN 37148 0 0 1 0 0001839700 Solon Holdco I, LLC 1400 SHOALS WAY PORTLAND TN 37148 0 0 1 0 0001839696 Solon Holdco II, LLC 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 A Common Stock 2022-01-26 5 G 0 E 62500 0.00 A 126438 D Class B Common Stock 2022-12-01 4 C 0 500730 D 0 D Class A Common Stock 2022-12-01 4 C 0 500730 A 627168 D Class B Common Stock 2022-12-01 4 C 0 17495332 D 32076897 I See Footnote Class A Common Stock 2022-12-01 4 C 0 17495332 A 23435332 I See Footnote Class B Common Stock 2022-12-02 4 C 0 3900000 D 28176897 I See Footnote Class A Common Stock 2022-12-02 4 C 0 3900000 A 27335332 I See Footnote Common Units 2022-12-01 4 C 0 500730 D Class A Common Stock 500730 0 D Common Units 2022-12-01 4 C 0 17495332 D Class A Common Stock 17495332 32076897 I See Footnote Common Units 2022-12-02 4 C 0 3900000 D Class A Common Stock 3900000 28176897 I See Footnote In connection with a previously announced underwritten public offering by the Issuer, 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. Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, 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. 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. /s/ Dean Solon 2022-12-05 /s/ Dean Solon, President of Solon Holdco I, LLC 2022-12-05 /s/ Dean Solon, President of Solon Holdco II, LLC 2022-12-05 /s/ Dean Solon, Sole Member of Solon Holdco III, LLC 2022-12-05