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Smart Sand, Inc. — Director's Dealing 2024
Mar 5, 2024
34351_dirs_2024-03-05_127d285a-662e-4eaa-8486-981bfeea97fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Smart Sand, Inc. (SND)
CIK: 0001529628
Period of Report: 2024-03-01
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 |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | A | 30916 | — | Acquired | 1158769 | Direct |
| 2024-03-01 | Common Stock | F | 9167 | $1.98 | Disposed | 1149602 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5842700 | Indirect |
Footnotes
F1: Reflects the number of shares earned in respect of TSR-based performance shares originally granted on July 30, 2021. On March 1, 2024, the Issuer confirmed its performance in relation to the applicable performance metrics, which measured total shareholder return (TSR) of the Issuer over the three year period from January 1, 2021 through December 31, 2023 relative to the TSR of each of a peer group of companies.
F2: Represents the number of shares withheld for tax purposes upon the vesting of TSR-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.