Charles Edwin Young - Mar 1, 2024 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
Mar 1, 2024
Transactions value $
-$18,151
Form type
4
Date filed
3/5/2024, 04:22 PM
Previous filing
Feb 26, 2024
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SND Common Stock Award $0 +30.9K +2.74% $0.00 1.16M Mar 1, 2024 Direct F1
transaction SND Common Stock Tax liability -$18.2K -9.17K -0.79% $1.98 1.15M Mar 1, 2024 Direct F2
holding SND Common Stock 5.84M Mar 1, 2024 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 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.
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.