Smart Sand, Inc. — Director's Dealing 2024

Mar 14, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Smart Sand, Inc. (SND)
CIK: 0001529628
Period of Report: 2024-03-12

Reporting Person: YOUNG CHARLES EDWIN (Director, CEO, 10% Owner)
Reporting Person: KEYSTONE CRANBERRY, LLC (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-12	Common Stock	A	30916	—	Acquired	1180518	Direct
2024-03-12	Common Stock	F	7390	$1.94	Disposed	1173128	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5842700	Indirect

Footnotes

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.