Chris Scholla - 13 Sep 2023 Form 4 Insider Report for Atlas Energy Solutions Inc.

Reporting relationship: Chief Supply Chain Officer Member of 10% Owner Group, 10%+ Owner
Issuer ticker: N/A
Reported as of: 13 Sep 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 Sep 2023, 19:17:27 UTC
Prior SEC filing: 15 Mar 2023
Next SEC filing: 26 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Dathan C. Voelter, as attorney-in-fact for Chris Scholla

Key filing fact

Chris Scholla filed Form 4 for Atlas Energy Solutions Inc. on 15 Sep 2023.

Key facts

This page summarizes Chris Scholla's Form 4 filing for Atlas Energy Solutions Inc..
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Sep 2023, 19:17.

Change

Previous filing in this sequence was filed on 15 Mar 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AESI transaction

Class A Common Stock

Other

Transaction value: $0
Shares: +245,773
Change %: +885%
Price: $0.000000
Shares after: 273,551
Date: 13 Sep 2023
Ownership: Direct
Footnotes: F1

AESI transaction

Class B Common Stock

Other

Transaction value: $0
Shares: +243,209
Change %
Price: $0.000000
Shares after: 243,209
Date: 13 Sep 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AESI transaction Derivative

Atlas Sand Operating, LLC Units

Other

Transaction value
Shares: +243,209
Change %
Price
Shares after: 243,209
Date: 13 Sep 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 243,209
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Acquired as a result of pro rata distributions of 3,370 shares of Class A Common Stock from Atlas Sand Holdings, LLC ("Holdings"), 149,691 shares of Class A Common Stock from Atlas Sand Holdings II, LLC, 9,430 shares of Class A Common Stock from Atlas Sand Management Company, LLC ("ASMC") and 83,282 shares of Class A Common Stock from Atlas Sand Management Company II, LLC, of each of which the reporting person is a non-managing member.

Footnote F2

Acquired as a result of pro rata distributions of 64,024 shares of Class B Common Stock from Holdings and 179,185 shares of Class B Common Stock from ASMC, of each of which the reporting person is a non-managing member.

Footnote F3

Acquired as a result of pro rata distributions of 64,024 units ("Units") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") from Holdings and 179,185 Units from ASMC, of each of which the reporting person is a non-managing member.

Footnote F4

Each share of Class B Common Stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally. At the request of the holder, each Unit may be coupled with a share of Class B Common Stock and redeemed for, at the Issuer's election and subject to certain restrictions in the amended and restated limited liability company agreement of Atlas Operating (the "Atlas Operating LLC Agreement"), newly issued shares of Class A Common Stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the Atlas Operating LLC Agreement for each Unit redeemed. The Units do not expire.

SEC remarks

Chief Supply Chain Officer Member of 10% Owner Group