Shoals Technologies Group, Inc. — Director's Dealing 2021

Jul 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shoals Technologies Group, Inc. (SHLS)
CIK: 0001831651
Period of Report: 2021-07-19

Reporting Person: Peetz Mehgan (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-19	Class A Common Stock, par value $0.00001 per share	S	11941	$27.02	Disposed	44000	Direct

Footnotes

F1: Represents 11,941 Class A Common Stock, par value $0.00001 per share ("Class A Common Stock") of Shoals Technologies Group, Inc. (the "Issuer") disposed of in connection with an underwritten public offering, which closed on July 19, 2021. These shares of Class A Common Stock were disposed at $27.02 per share, a public offering price of $28.00 per share less the underwriting discounts.

F2: Represents 44,000 unvested restricted stock units ("RSU") granted to the Reporting Person on January 29, 2021. On each anniversary of the grant date, 25% of the unvested RSUs will vest subject to the Reporting Person's continued employment through each applicable vesting date. RSUs will be settled by delivery of an equal number of shares of the Issuer's Class A Common Stock, par value $0.00001 per share.