James D. Young - 01 Mar 2024 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
01 Mar 2024
Net transactions value
-$7,647
Form type
4
Filing time
05 Mar 2024, 16:08:31 UTC
Previous filing
26 Feb 2024
Next filing
14 Mar 2024
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 +11,777 +4.3% $0.000000 288,392 01 Mar 2024 Direct F1
transaction SND Common Stock Tax liability $7,647 -3,862 -1.3% $1.98 284,530 01 Mar 2024 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 July 30, 2021. On March 1, 2024, 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, 2021 through December 31, 2023 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 July 30, 2021.

Remarks:

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