SEC Form 4 · accession 0000899243-18-017426
Smart Sand, Inc. · SND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CCP MM, LLC
Director · 10% Owner
Period of report
Jun 11, 2018
Accepted (ET)
Jun 20, 2018 · 6:01 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 | Jun 11, 2018 | A | 27,924 | $0.00 | A | 10,849,015 | 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 the Issuer's 2016 Omnibus Incentive Plan, which vest on the first anniversary of June 11, 2018, the date of grant.
- F3The shares are owned of record, as follows: (i) 10,821,091 shares by CCPII, (ii) 13,962 shares by Mr. Leonard for the benefit of CCPII and (iii) 13,962 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 CCP MM, LLC ("CCP MM"). CCP MM's managing member is CCG Operations, LLC ("CCG Ops"). Mr. Jose E. Feliciano and Mr. Behdad Eghbali are managers of CCG Ops. As a result, each of Mr. Feliciano, Mr. Eghbali, CCG Ops, CCP MM, CCPII GP and CCP may be deemed to share beneficial ownership of the reported shares. The beneficial owners, other than CCP MM, filed a separate Form 4 relating to the transaction reported herein on June 13, 2018 (as amended).
- F4CCP MM 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 person, are directors of Smart Sand, Inc. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting person is deemed a director by deputization by virtue of its representation on the Board of Directors of Smart Sand, Inc.