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

Role
CEO, Director, 10%+ Owner
Signature
/s/ Charles Edwin Young
Stock symbol
SND
Transactions as of
Feb 16, 2022
Transactions value $
-$32,289
Form type
4
Date filed
2/18/2022, 03:23 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 +52.1K +7.58% $0.00 739K Feb 16, 2022 Direct F1
transaction SND Common Stock Tax liability -$32.3K -14.7K -1.99% $2.20 724K Feb 16, 2022 Direct F2
holding SND Common Stock 5.84M 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 Mr. Young holds 67% of the membership interests in Keystone Cranberry, LLC ("Keystone"), is the sole managing member and has sole voting and investment power over the shares held by Keystone. Mr. Young disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.