Atlas Sand Holdings, LLC - 13 Sep 2023 Form 4 Insider Report for Atlas Energy Solutions Inc.

Role
10%+ Owner
Signature
/s/ Atlas Sand Holdings, LLC, by Dathan C. Voelter as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
13 Sep 2023
Net transactions value
$0
Form type
4
Filing time
15 Sep 2023, 19:06:17 UTC
Previous filing
08 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AESI Class A Common Stock Other $0 -2,255,395 -100% $0.000000* 0 13 Sep 2023 Direct F1
transaction AESI Class B Common Stock Other $0 -42,852,499 -100% $0.000000* 0 13 Sep 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AESI Atlas Sand Operating, LLC Units Other -42,852,499 -100% 0 13 Sep 2023 Class A Common Stock 42,852,499 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Atlas Sand Holdings, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Atlas Sand Holdings, LLC ("Holdings") distributed these securities as part of a liquidation distribution to its members on a pro rata basis, for no consideration. Atlas Sand Management Company, LLC ("ASMC"), the managing member of Holdings, received pro rata distributions from Holdings and then distributed such securities as part of a liquidation distribution to its members on a pro rata basis, for no consideration.
F2 Each share of Class B Common Stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally. At the request of the holder, each unit ("Unit") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") may be coupled with a share of Class B Common Stock and redeemed for, at the Issuer's election and subject to certain restrictions in the amended and restated limited liability company agreement of Atlas Operating (the "Atlas Operating LLC Agreement"), newly issued shares of Class A Common Stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the Atlas Operating LLC Agreement for each Unit redeemed. The Units do not expire.