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