Lee E. Beckelman - 01 Mar 2024 Form 4 Insider Report for Smart Sand, Inc. (SND)

Role: Chief Financial Officer
Signature: /s/ Lee E. Beckelman
Issuer symbol: SND
Transactions as of: 01 Mar 2024
Net transactions value: -$10,371
Form type: 4
Filing time: 05 Mar 2024, 16:18:08 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	+17,666	+2.9%	$0.000000	632,704	01 Mar 2024	Direct	F1
transaction	SND	Common Stock	Tax liability	$10,371	-5,238	-0.83%	$1.98	627,466	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.

Content

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.

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.