James D. Young - 16 Feb 2022 Form 4 Insider Report for Smart Sand, Inc. (SND)

Role
The Reporting Person is Executive Vice President, General Counsel and Secretary of the Issuer.
Signature
/s/ Lee E. Beckelman as Attorney-in-Fact for James D. Young
Issuer symbol
SND
Transactions as of
16 Feb 2022
Net transactions value
-$14,309
Form type
4
Filing time
18 Feb 2022, 15:19:17 UTC
Previous filing
20 Dec 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SND Common Stock Award $0 +19,841 +14% $0.000000 166,306 16 Feb 2022 Direct F1
transaction SND Common Stock Tax liability $14,309 -6,504 -3.9% $2.20 159,802 16 Feb 2022 Direct F2
* 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.

Remarks:

The Reporting Person is Executive Vice President, General Counsel and Secretary of the Issuer.