Charles Edwin Young - Mar 12, 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 12, 2024
Transactions value $
-$14,337
Form type
4
Date filed
3/14/2024, 04:41 PM
Previous filing
Mar 5, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SND Common Stock Award $0 +30.9K +2.69% $0.00 1.18M Mar 12, 2024 Direct F1
transaction SND Common Stock Tax liability -$14.3K -7.39K -0.63% $1.94 1.17M Mar 12, 2024 Direct F2
holding SND Common Stock 5.84M Mar 12, 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 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.
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.