SEC Form 4 · accession 0000899243-17-009163
Smart Sand, Inc. · SND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
Behdad Eghbali
Director · 10% Owner
CCG Operations, LLC
Director · 10% Owner
Clearlake Capital Partners, LLC
Director · 10% Owner
CLEARLAKE CAPITAL PARTNERS II (MASTER), L.P.
Director · 10% Owner
Clearlake Capital Partners II GP, L.P.
Director · 10% Owner
Period of report
Mar 30, 2017
Accepted (ET)
Apr 3, 2017 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001529628
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2,F3,F4 | Mar 30, 2017 | A | 9,994 | $0.00 | A | 10,821,091 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held of record by Colin Leonard and Jose E. Feliciano for the benefit of Clearlake Capital Partners II (Master), L.P. ("CCPII").
- F2Represents shares of restricted stock granted pursuant to Smart Sand, Inc.'s 2016 Long-Term Incentive Plan, which vest over four years following March 30, 2017, the date of grant.
- F3The shares are owned of record, as follows: (i) 10,811,097 shares by CCPII, (ii) 4,997 shares by Mr. Leonard for the benefit of CCPII and (iii) 4,997 shares by Mr. Feliciano for the benefit of CCPII. CCPII's general partner is Clearlake Capital Partners II GP, L.P. ("CCPII GP"). CCPII GP's general partner is Clearlake Capital Partners, LLC ("CCP"). CCP's managing member is CCG Operations, LLC. ("CCG Ops"). Mr. Feliciano and Behdad Eghbali are managers of CCG Ops. As a result, each of Mr. Feliciano, Mr. Eghbali, CCG Ops, CCPII GP and CCP may be deemed to share beneficial ownership of the reported shares.
- F4CCPII expressly disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest therein.
Remarks
Mr. Feliciano and Mr. Leonard, as representatives of the reporting persons, are directors of Smart Sand, Inc. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting persons are deemed directors by deputization by virtue of their representation on the Board of Directors of Smart Sand, Inc.