Smart Sand, Inc. — Director's Dealing 2025

Mar 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Smart Sand, Inc. (SND)
CIK: 0001529628
Period of Report: 2025-03-05

Reporting Person: Beckelman Lee E (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-05	Common Stock	A	12546	—	Acquired	757594	Direct
2025-03-05	Common Stock	A	13455	—	Acquired	771049	Direct
2025-03-05	Common Stock	F	6805	$2.10	Disposed	764244	Direct

Footnotes

F1: Reflects the number of shares earned in respect of ROIC-based performance award shares originally granted on June 7, 2022. On March 5, 2025, 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, 2022 and continuing through December 31, 2024.

F2: Reflects the number of shares earned in respect of TSR-based performance shares originally granted on June 7, 2022. On March 5, 2025, 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, 2022 through December 31, 2024 relative to the TSR of each of a peer group of companies.

F3: Represents the number of shares withheld for tax purposes upon the vesting of ROIC-based and TSR-based performance shares originally granted to the Reporting Person on June 7, 2022.