Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
 6 Months Ended
Jun. 30, 2023
Stockholders' Equity  
Stockholders' Equity

9.Stockholders’ Equity

Redemptions

During the six months ended June 30, 2023, Solaris LLC units, together with an equal number of shares of our Class B common stock, were redeemed for shares of our Class A common stock on a one-for-one basis as follows:

● 20,953 shares were redeemed on March 1, 2023; and
● 524 shares were redeemed on June 1, 2023.

During the six months ended June 30, 2022, Solaris LLC units, together with an equal number of shares of our Class B common stock, were redeemed for shares of our Class A common stock on a one-for-one basis as follows:

● 148,087 shares were redeemed on February 28, 2022; and
● 107,914 shares were redeemed on June 1, 2022.

Dividends and Distributions

On March 3, 2023 and May 8, 2023, we announced that our Board of Directors had declared quarterly dividends of $0.09 per share for the first and second quarter of 2023, respectively, on our Class A common stock. In conjunction with the dividend payments, a distribution of $0.09 per unit was paid to unit holders of

Solaris LLC for both the first quarter and second quarter of 2023, subject to the same payment and record dates.

On August 2, 2023, we announced that our Board of Directors had declared a quarterly dividend of $0.09 per share for the third quarter of 2023 on our Class A common stock. The dividend will be paid on September 28, 2023, to holders of record of our Class A common stock as of the close of business on September 14, 2023. In conjunction with the dividend payment, a distribution of $0.09 per unit will be paid to unit holders of Solaris LLC, subject to the same payment and record dates.