WILLIAM JOHN YOUNG - 05 Mar 2025 Form 4 Insider Report for Smart Sand, Inc. (SND)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SND	Common Stock	Award	$0	+12,546	+2.1%	$0.000000	613,655	05 Mar 2025	Direct	F1
transaction	SND	Common Stock	Award	$0	+13,455	+2.2%	$0.000000	627,110	05 Mar 2025	Direct	F2
transaction	SND	Common Stock	Tax liability	$16,966	-8,079	-1.3%	$2.10	619,031	05 Mar 2025	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
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.