SHLS

SEC source: 0001831651-23-000049 · wf-form4_168358398472549.xml · nonDerivative · entry 1

JULIAN ROBERT K. · CIK 0001559839 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,060

F1 · shares: The reported securities were granted as restricted stock units ("RSUs") that will vest and settle on the date of the 2024 shareholder meeting.

SEC source: 0001831651-23-000059 · wf-form4_168358455097984.xml · nonDerivative · entry 1

Daul Ty P. · CIK 0001645449 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,916

F1 · shares: The reported securities were granted as restricted stock units ("RSUs") that will vest and settle on the date of the 2024 shareholder meeting.

SEC source: 0001831651-23-000056 · wf-form4_168358448323759.xml · nonDerivative · entry 1

Forth John Bradford · CIK 0001827742 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 457,645

F1 · shares: The reported securities were granted as restricted stock units ("RSUs") that will vest and settle on the date of the 2024 shareholder meeting.

SEC source: 0001831651-23-000034 · wf-form4_168073477181716.xml · nonDerivative · entry 1

TOLNAR JEFFERY · CIK 0001958364 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,629

F1 · shares: Mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

SEC source: 0000899243-23-008760 · doc4.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · See remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 500,068

F4 · kind: Represents exempt acquisition of shares of Class A common stock upon the accelerated vesting of a prorated portion of outstanding performance stock units, in connection with the Reporting Person's termination of employment due to disability on March 15, 2023.

SEC source: 0001831651-23-000029 · wf-form4_167900502923834.xml · nonDerivative · entry 1

TOLNAR JEFFERY · CIK 0001958364 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,044

F1 · shares: Mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

SEC source: 0001831651-23-000032 · wf-form4a_168065375420712.xml · nonDerivative · entry 1

TOLNAR JEFFERY · CIK 0001958364 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,044

F1 · shares: Mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

F2 · price: This Form 4 is being amended to reflect an adjustment to the sales price received in connection with the reported sales to cover taxes as reflected in the prior Form 4 filed on March 16, 2023 (the "Prior Form 4"). The broker experienced a delay in processing such sales and has made the reporting person whole through an adjustment in the credited sales price which was reflected as $19.73 in the Prior Form 4.

SEC source: 0000899243-23-008760 · doc4.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · See remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 634,637

F1 · kind: Represents shares of the Class A common stock sold to satisfy tax obligations resulting from the previously reported conversion of common units of Shoals Parent LLC (together with an equal number of shares of the Issuer's Class B common stock) into shares of Class A common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.94 through $21.60, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.

F3 · ownership.nature: These shares of Class A common stock are beneficially owned by JRW Strategic Holdings, LLC, for which the Reporting Person is the sole manager. The filing of this Form 4 shall not be construed as an admission that the Reporting Person is the beneficial owner of any or all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001831651-23-000030 · wf-form4_167900506419436.xml · nonDerivative · entry 1

Peetz Mehgan · CIK 0001840230 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,654

F1 · shares: Mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

SEC source: 0001209191-23-017785 · doc4.xml · nonDerivative · entry 1

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,675,247

F1 · ownership.nature: This Form 4 is being filed jointly by (i) Dean Solon; (ii) Solon Holdco I, LLC; (iii) Solon Holdco II, LLC; and (iv) Solon Holdco III, LLC.

SEC source: 0000899243-23-008251 · doc4.xml · derivative · entry 4

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Underlying: Class A Common Stock · 816,178 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F1 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F1 · derivative.exercise_date: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F1 · derivative.expiration_date: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F2 · ownership.nature: The reported common units (and shares of Class B common stock) were converted into an equal number of shares of Class A common stock by Shoals Management Holdings LLC ("Holdings") (the "Conversion"), and immediately distributed pro rata to its members for no consideration (the "Distribution"). Holdings is controlled by its sole manager, Parent. Mr. Whitaker is the Chief Executive Officer of Parent and serves on the board of directors of Parent. As such, Mr. Whitaker may be deemed to have beneficial ownership of equity securities held directly by Holdings.

F3 · ownership.nature: The reported securities, which represent the Reporting Person's pro rata portion of, and pecuniary interest in, the shares of Class A common stock received by Holdings in the Conversion, were received in the Distribution by JRW Strategic Holdings, LLC, for which the Reporting Person is the sole manager.

F4 · ownership.nature: The filing of this Form 4 shall not be construed as an admission that the Reporting Person is the beneficial owner of any or all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-23-008251 · doc4.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 816,178

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F1 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F2 · ownership.nature: The reported common units (and shares of Class B common stock) were converted into an equal number of shares of Class A common stock by Shoals Management Holdings LLC ("Holdings") (the "Conversion"), and immediately distributed pro rata to its members for no consideration (the "Distribution"). Holdings is controlled by its sole manager, Parent. Mr. Whitaker is the Chief Executive Officer of Parent and serves on the board of directors of Parent. As such, Mr. Whitaker may be deemed to have beneficial ownership of equity securities held directly by Holdings.

F3 · ownership.nature: The reported securities, which represent the Reporting Person's pro rata portion of, and pecuniary interest in, the shares of Class A common stock received by Holdings in the Conversion, were received in the Distribution by JRW Strategic Holdings, LLC, for which the Reporting Person is the sole manager.

F4 · ownership.nature: The filing of this Form 4 shall not be construed as an admission that the Reporting Person is the beneficial owner of any or all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-23-008251 · doc4.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F1 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement (as amended) of Shoals Parent LLC ("Parent"), common units of Parent are redeemable (together with an equal number of shares of the Issuer's Class B common stock which are forfeited for no consideration) 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.

F2 · ownership.nature: The reported common units (and shares of Class B common stock) were converted into an equal number of shares of Class A common stock by Shoals Management Holdings LLC ("Holdings") (the "Conversion"), and immediately distributed pro rata to its members for no consideration (the "Distribution"). Holdings is controlled by its sole manager, Parent. Mr. Whitaker is the Chief Executive Officer of Parent and serves on the board of directors of Parent. As such, Mr. Whitaker may be deemed to have beneficial ownership of equity securities held directly by Holdings.

F4 · ownership.nature: The filing of this Form 4 shall not be construed as an admission that the Reporting Person is the beneficial owner of any or all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001209191-23-017198 · doc4.xml · derivative · entry 4

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

Underlying: Class A Common Stock · 28,176,897 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F1 · shares: In connection with a previously announced underwritten public offering, 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.

F2 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F2 · derivative.exercise_date: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F2 · derivative.expiration_date: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F1 · derivative.underlying_shares: In connection with a previously announced underwritten public offering, 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-23-017198 · doc4.xml · nonDerivative · entry 2

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 28,176,897

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with a previously announced underwritten public offering, 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.

F2 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-23-017198 · doc4.xml · nonDerivative · entry 1

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with a previously announced underwritten public offering, 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.

F2 · price: Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Parent, as amended, 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.

F3 · ownership.nature: 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.

SEC source: 0001831651-23-000026 · wf-form4_167814807246639.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 446,924

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.46 to $25.43, inclusive.

SEC source: 0001831651-23-000026 · wf-form4_167814807246639.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 461,964

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.29 to $25.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 and 3 of this Form 4

SEC source: 0001831651-23-000016 · wf-form4_167642286330166.xml · nonDerivative · entry 3

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 464,972

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.32, inclusive.

SEC source: 0001831651-23-000016 · wf-form4_167642286330166.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 477,011

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.66 to $25.02, inclusive.

SEC source: 0001831651-23-000016 · wf-form4_167642286330166.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 480,012

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.66 to $24.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, and 4 of this Form 4

SEC source: 0001831651-23-000014 · wf-form4_167546766718665.xml · nonDerivative · entry 3

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 483,020

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.84 to $28.80, inclusive.

SEC source: 0001831651-23-000014 · wf-form4_167546766718665.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 495,052

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.28, inclusive.

SEC source: 0001831651-23-000014 · wf-form4_167546766718665.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 496,253

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.18 to $27.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, and 4 of this Form 4.

SEC source: 0001831651-23-000013 · wf-form4_167546764724251.xml · nonDerivative · entry 1

Peetz Mehgan · CIK 0001840230 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 94,608

F1 · shares: Represents 4,533 RSUs that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with vesting of 11,000 RSUs and does not represent a sale by the Reporting Person.

SEC source: 0001831651-23-000010 · wf-form4_167478109853107.xml · nonDerivative · entry 3

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 507,084

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.36, inclusive.

SEC source: 0001831651-23-000010 · wf-form4_167478109853107.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 513,584

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.20 to $27.99, inclusive.

SEC source: 0001831651-23-000010 · wf-form4_167478109853107.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 519,116

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.36 to $29.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, and 4 of this Form 4

SEC source: 0001831651-23-000002 · wf-form4_167416039000064.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 531,148

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.64 to $29.07, inclusive.

SEC source: 0001831651-23-000008 · wf-form4_167426126551823.xml · nonDerivative · entry 1

Bardos Dominic · CIK 0001869375 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,582

F1 · shares: The reported securities are restricted stock units ("RSUs") that each represent a right to receive one share of the Issuer's Class A Common Stock. The reported RSUs will vest in three equal installments on each of the first three anniversaries of December 4, 2022.

SEC source: 0001831651-23-000007 · wf-form4_167426116743853.xml · nonDerivative · entry 1

TOLNAR JEFFERY · CIK 0001958364 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,619

F1 · shares: The reported securities are restricted stock units ("RSUs") that each represent a right to receive one share of the Issuer's Class A Common Stock. The reported RSUs will vest in three equal installments on each of the first three anniversaries of December 4, 2022

SEC source: 0001831651-23-000006 · wf-form4_167426112006793.xml · nonDerivative · entry 1

Peetz Mehgan · CIK 0001840230 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,141

F1 · shares: The reported securities are restricted stock units ("RSUs") that each represent a right to receive one share of the Issuer's Class A Common Stock. The reported RSUs will vest in three equal installments on each of the first three anniversaries of December 4, 2022

F2 · balance_after: Total has been updated to correct a technical error, which initially appeared in the Form 4 filed on August 24, 2022 by the reporting person. In that August 24, 2022 Form 4, and all subsequent Form 4s by the reporting person, the number of shares was over-reported by 16,000.

SEC source: 0001831651-23-000002 · wf-form4_167416039000064.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 543,180

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.33 to $28.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 and 3 of this Form 4.

SEC source: 0001831651-22-000078 · wf-form4_167112826207848.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 555,234

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.12 to $26.84, inclusive.

SEC source: 0001831651-22-000078 · wf-form4_167112826207848.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 563,567

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.01 to $25.59, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 and 3 of this Form 4.

SEC source: 0001209191-22-060101 · doc4.xml · nonDerivative · entry 2

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

F1 · ownership.nature: This Form 4 is being filed jointly by (i) Dean Solon, (ii) Solon Holdco I, LLC; (iii) Solon Holdco II, LLC and (iv) Solon Holdco III, LLC.

SEC source: 0001209191-22-060101 · doc4.xml · nonDerivative · entry 1

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,500

SEC source: 0001209191-22-059827 · doc4.xml · derivative · entry 10

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 28,176,897

Underlying: Class A Common Stock · 3,900,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: 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.

F1 · shares: 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.

F2 · price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F1 · derivative.underlying_shares: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 7

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 27,335,332

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 6

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 28,176,897

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · derivative · entry 9

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 32,076,897

Underlying: Class A Common Stock · 17,495,332 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: 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.

F1 · shares: 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.

F2 · price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F1 · derivative.underlying_shares: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · derivative · entry 8

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 500,730 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: 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.

F1 · shares: 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.

F2 · price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F1 · derivative.underlying_shares: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 5

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 23,435,332

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 4

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 32,076,897

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

F3 · ownership.nature: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 3

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 627,168

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

SEC source: 0001209191-22-059827 · doc4.xml · nonDerivative · entry 2

Solon Dean · CIK 0001838438 · 10% owner

Solon Holdco I, LLC · CIK 0001839700 · 10% owner

Solon Holdco II, LLC · CIK 0001839696 · 10% owner

Solon Holdco III, LLC · CIK 0001839671 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · price: 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.

SEC source: 0001831651-22-000076 · wf-form4_166906951909525.xml · nonDerivative · entry 4

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 576,587

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.73 to $31.71, inclusive.

SEC source: 0001831651-22-000076 · wf-form4_166906951909525.xml · nonDerivative · entry 3

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 602,639

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.33, inclusive.

SEC source: 0001831651-22-000076 · wf-form4_166906951909525.xml · nonDerivative · entry 2

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 643,315

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.43, inclusive.

SEC source: 0001831651-22-000076 · wf-form4_166906951909525.xml · nonDerivative · entry 1

Whitaker Jason R · CIK 0001831778 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 657,057

F1 · shares: The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.27 to $27.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2, 3, 4 and 5 of this Form 4.