Lee E. Beckelman - Feb 16, 2022 Form 4 Insider Report for Smart Sand, Inc. (SND)

Role: Chief Financial Officer
Signature: /s/ Lee E. Beckelman
Stock symbol: SND
Transactions as of: Feb 16, 2022
Transactions value $: -$19,415
Form type: 4
Date filed: 2/18/2022, 03:22 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	+29.8K	+7.2%	$0.00	443K	Feb 16, 2022	Direct	F1
transaction	SND	Common Stock	Tax liability	-$19.4K	-8.83K	-1.99%	$2.20	434K	Feb 16, 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.

Content

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.

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.