A. Lance Langford - Sep 13, 2023 Form 4 Insider Report for Atlas Energy Solutions Inc. (AESI)

Role
Director, 10%+ Owner
Signature
/s/ Dathan C. Voelter, as attorney-in-fact for A Lance Langford
Stock symbol
AESI
Transactions as of
Sep 13, 2023
Transactions value $
$0
Form type
4
Date filed
9/15/2023, 07:12 PM
Previous filing
Mar 15, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AESI Class A Common Stock Other $0 +73K +905.54% $0.00 81K Sep 13, 2023 Direct F1
transaction AESI Class A Common Stock Other $0 +24.2K $0.00 24.2K Sep 13, 2023 See Footnote F2, F3
transaction AESI Class A Common Stock Other $0 +29.6K $0.00 29.6K Sep 13, 2023 See Footnote F2, F4
transaction AESI Class B Common Stock Other $0 +81.1K $0.00 81.1K Sep 13, 2023 Direct F5
transaction AESI Class B Common Stock Other $0 +460K $0.00 460K Sep 13, 2023 See Footnote F2, F3
transaction AESI Class B Common Stock Other $0 +563K $0.00 563K Sep 13, 2023 See Footnote F2, F4

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 +81.1K 81.1K Sep 13, 2023 Class A Common Stock 81.1K Direct F6, F7
transaction AESI Atlas Sand Operating, LLC Units Other +460K 460K Sep 13, 2023 Class A Common Stock 460K See Footnote F2, F3, F7
transaction AESI Atlas Sand Operating, LLC Units Other +563K 563K Sep 13, 2023 Class A Common Stock 563K See Footnote F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired as a result of pro rata distributions of 1,123 shares of Class A Common Stock from Atlas Sand Holdings, LLC ("Holdings"), 49,897 shares of Class A Common Stock from Atlas Sand Holdings II, LLC, 3,144 shares of Class A Common Stock from Atlas Sand Management Company, LLC ("ASMC") and 18,786 shares of Class A Common Stock from Atlas Sand Management Company II, LLC, of each of which the reporting person is a non-managing member.
F2 Acquired as a result of pro rata distributions from ASMC.
F3 Includes securities held by ALL Financial Trust. The reporting person is the spouse of the trustee of ALL Financial Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 Includes securities held by BLL Financial Trust, of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 Acquired as a result of pro rata distributions of 21,341 shares of Class B Common Stock from Holdings and 59,729 shares of Class B Common Stock from ASMC, of each of which the reporting person is a non-managing member.
F6 Acquired as a result of pro rata distributions of 21,341 units ("Units") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") from Holdings and 59,729 Units from ASMC, of each of which the reporting person is a non-managing member.
F7 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 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.

Remarks:

Member of 10% Owner Group