Robert Kiszka - Feb 16, 2022 Form 4 Insider Report for Smart Sand, Inc. (SND)

Role
Executive VP of Operations
Signature
/s/ Lee E. Beckelman, as Attorney-in-Fact for Robert Kiszka
Stock symbol
SND
Transactions as of
Feb 16, 2022
Transactions value $
-$14,747
Form type
4
Date filed
2/18/2022, 03:18 PM
Previous filing
Dec 20, 2021
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SND Common Stock Award $0 +19.8K +7.01% $0.00 303K Feb 16, 2022 Direct F1
transaction SND Common Stock Tax liability -$14.7K -6.7K -2.21% $2.20 296K Feb 16, 2022 Direct F2
holding SND Common Stock 449K Feb 16, 2022 BY LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares earned in respect of TSR-based performance shares originally granted on December 18, 2019. On February 16, 2022, the Issuer confirmed its performance in relation to the applicable performance metrics, which measured total shareholder return (TSR) of the Issuer over the three year period from January 1, 2019 through December 31, 2021 relative to the TSR of each of a peer group of companies.
F2 Represents the number of shares withheld for tax purposes upon the vesting of TSR-based performance shares originally granted to the Reporting Person on December 18, 2019.
F3 Held by a limited liability company ("LLC") of which the Reporting Person serves as the sole member with sole voting and investment control over the securities held thereby. The Reporting Person disclaims beneficial ownership of the securities held by the LLC except to the extent of his pecuniary interest therein.