| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AESI | Common Stock | Options Exercise | $0 | +6.87K | +228.87% | $0.00 | 9.87K | Mar 13, 2025 | Direct | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AESI | Restricted Stock Units | Award | $0 | +12.5K | $0.00 | 12.5K | Mar 13, 2025 | Common Stock | 12.5K | Direct | F4, F5, F6, F7, F8 |
| Id | Content |
|---|---|
| F1 | Consists of shares of common stock, par value $0.01 per share ("Common Stock"), of the registrant, Atlas Energy Solutions Inc. ("Atlas"), issued upon the vesting of 6,866 Restricted Stock Units ("RSUs") awarded to the Reporting Person on March 13, 2024 pursuant to the Atlas Energy Solutions Inc. 2023 Long Term Incentive Plan (the "Plan"). The Reporting Person is a director of Atlas, and serves as Executive Director of The Sealy & Smith Foundation, a charitable foundation (the "Foundation"). The Foundation and the Reporting Person have entered into an Outside Compensation Agreement dated as of November 15, 2023 (the "Agreement"), which requires that all compensation received by the Reporting Person from Atlas in connection with the Reporting Person's service as a director of Atlas be transferred to the Foundation. |
| F2 | Under the Agreement, equity awards granted to the Reporting Person subject to vesting conditions are required to be transferred, for no consideration, to the Foundation upon vesting and are held by the Reporting Person for the benefit of the Foundation until the transfer to the Foundation is complete. The award of 6,866 RSUs granted to the Reporting Person on March 13, 2024 vested in full on March 13, 2025 and the shares are required to be transferred to the Foundation in accordance with the Agreement. |
| F3 | On March 17, 2025, the Reporting Person filed a Form 4, which inadvertently failed to report the acquisition of the 6,866 shares of Common Stock underlying the RSUs awarded to the Reporting Person on March 13, 2024. This amended Form 4 is being filed for the purpose of reporting such acquisition. The Reporting Person disclaims beneficial ownership of shares of Common Stock in excess of his pecuniary interest therein, if any. |
| F4 | Each RSU represents the contingent right to receive one share of Common Stock. |
| F5 | On March 17, 2025 the Reporting Person filed a Form 4, which inadvertently failed to report in Table II thereof the transaction date, transaction code, and number of derivative securities acquired. This amended Form 4 is being filed for the purpose of disclosing such information. |
| F6 | Award of RSUs pursuant to the Plan. |
| F7 | Awards of RSUs pursuant to the Plan vest in full on the first anniversary of the grant date, subject to continued service through the vesting date, and unless accelerated vesting of a particular award is authorized by the Committee (as defined in the Plan). |
| F8 | The Reporting Person disclaims beneficial ownership of the shares of Common Stock underlying the RSUs except to the extent of his pecuniary interest therein, if any. Pursuant to the Agreement, upon the vesting of such RSUs, the Reporting Person will be required to transfer the underlying shares of Common Stock to the Foundation for no consideration. |
Member of 10% owner group