Chris Scholla - Sep 13, 2023 Form 4 Insider Report for Atlas Energy Solutions Inc. (AESI)

Role
Chief Supply Chain Officer Member of 10% Owner Group, 10%+ Owner
Signature
/s/ Dathan C. Voelter, as attorney-in-fact for Chris Scholla
Stock symbol
AESI
Transactions as of
Sep 13, 2023
Transactions value $
$0
Form type
4
Date filed
9/15/2023, 07:17 PM
Previous filing
Mar 15, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AESI Class A Common Stock Other $0 +246K +884.78% $0.00 274K Sep 13, 2023 Direct F1
transaction AESI Class B Common Stock Other $0 +243K $0.00 243K Sep 13, 2023 Direct 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 +243K 243K Sep 13, 2023 Class A Common Stock 243K Direct F3, F4
* 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 3,370 shares of Class A Common Stock from Atlas Sand Holdings, LLC ("Holdings"), 149,691 shares of Class A Common Stock from Atlas Sand Holdings II, LLC, 9,430 shares of Class A Common Stock from Atlas Sand Management Company, LLC ("ASMC") and 83,282 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 of 64,024 shares of Class B Common Stock from Holdings and 179,185 shares of Class B Common Stock from ASMC, of each of which the reporting person is a non-managing member.
F3 Acquired as a result of pro rata distributions of 64,024 units ("Units") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") from Holdings and 179,185 Units from ASMC, of each of which the reporting person is a non-managing member.
F4 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:

Chief Supply Chain Officer Member of 10% Owner Group