Stephen C. Cole - Sep 13, 2023 Form 4 Insider Report for Atlas Energy Solutions Inc. (AESI)

Role
Director, 10%+ Owner
Signature
/s/ Stephen C. Cole, by Dathan C. Voelter as Attorney-in-Fact
Stock symbol
AESI
Transactions as of
Sep 13, 2023
Transactions value $
$0
Form type
4
Date filed
9/15/2023, 07:13 PM
Previous filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AESI Class A Common Stock Other $0 +11.3K $0.00 11.3K Sep 13, 2023 See Footnote F1, F2
transaction AESI Class A Common Stock Other $0 +120K $0.00 120K Sep 13, 2023 See Footnote F3, F4
transaction AESI Class B Common Stock Other $0 +2.29M $0.00 2.29M Sep 13, 2023 See Footnote F3, F4
holding AESI Class A Common Stock 8.06K Sep 13, 2023 Direct

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 +2.29M 2.29M Sep 13, 2023 Class A Common Stock 2.29M See Footnote F3, F4, F5
* 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 from Atlas Sand Holdings II, LLC.
F2 Includes securities held by Alexa Louise Cole 2017 TR, 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.
F3 Acquired as a result of pro rata distributions from Atlas Sand Holdings, LLC.
F4 Includes securities held by S. Cole Holdings, LP ("S. Cole Holdings"). The reporting person is the President of S. Cole Holdings Management, LLC, which is the General Partner of S. Cole Holdings. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 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.

Remarks:

Member of 10% Owner Group