Lee E. Beckelman - 12 Mar 2024 Form 4 Insider Report for Smart Sand, Inc. (SND)

Signature
/s/ Lee E. Beckelman
Issuer symbol
SND
Transactions as of
12 Mar 2024
Net transactions value
-$10,162
Form type
4
Filing time
14 Mar 2024, 16:33:01 UTC
Previous filing
05 Mar 2024
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SND Common Stock Award $0 +17,666 +2.8% $0.000000 645,132 12 Mar 2024 Direct F1
transaction SND Common Stock Tax liability $10,162 -5,238 -0.81% $1.94 639,894 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.