Ronald P. Whelan - 12 Mar 2024 Form 4 Insider Report for Smart Sand, Inc. (SND)

Role: The Reporting Person is Executive Vice President of Sales of the Issuer.
Signature: /s/ Lee E. Beckelman as Attorney-in-Fact for Ronald P. Whelan
Issuer symbol: SND
Transactions as of: 12 Mar 2024
Net transactions value: -$7,781
Form type: 4
Filing time: 14 Mar 2024, 16:07:12 UTC
Previous filing: 05 Mar 2024
Next filing: 18 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	+3.2%	$0.000000	385,105	12 Mar 2024	Direct	F1
transaction	SND	Common Stock	Tax liability	$7,781	-4,011	-1%	$1.94	381,094	12 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 ROIC-based performance award shares originally granted on July 30, 2021. On March 12, 2024, the Issuer confirmed the achievement of the applicable performance metric, which was based on a relative Return on Invested Capital (ROIC) goal for the performance period commencing on January 1, 2021 and continuing through December 31, 2023.
F2	Represents the number of shares withheld for tax purposes upon the vesting of ROIC-based performance shares originally granted to the Reporting Person on July 30, 2021.

Remarks:

The Reporting Person is Executive Vice President of Sales of the Issuer.