Scholla Chris 4
4 · Atlas Energy Solutions Inc. · Filed Sep 15, 2023
Insider Transaction Report
Form 4
Scholla Chris
See Remarks
Transactions
- Other
Class A Common Stock
2023-09-13+245,773→ 273,551 total - Other
Class B Common Stock
2023-09-13+243,209→ 243,209 total - Other
Atlas Sand Operating, LLC Units
2023-09-13+243,209→ 243,209 total→ Class A Common Stock (243,209 underlying)
Footnotes (4)
- [F1]Acquired as a result of pro rata distributions of 3,370 shares of Class A Common Stock from Atlas Sand Holdings, LLC ("Holdings"), 149,691 shares of Class A Common Stock from Atlas Sand Holdings II, LLC, 9,430 shares of Class A Common Stock from Atlas Sand Management Company, LLC ("ASMC") and 83,282 shares of Class A Common Stock from Atlas Sand Management Company II, LLC, of each of which the reporting person is a non-managing member.
- [F2]Acquired as a result of pro rata distributions of 64,024 shares of Class B Common Stock from Holdings and 179,185 shares of Class B Common Stock from ASMC, of each of which the reporting person is a non-managing member.
- [F3]Acquired as a result of pro rata distributions of 64,024 units ("Units") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") from Holdings and 179,185 Units from ASMC, of each of which the reporting person is a non-managing member.
- [F4]Each share of Class B Common Stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally. At the request of the holder, each Unit may be coupled with a share of Class B Common Stock and redeemed for, at the Issuer's election and subject to certain restrictions in the amended and restated limited liability company agreement of Atlas Operating (the "Atlas Operating LLC Agreement"), newly issued shares of Class A Common Stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the Atlas Operating LLC Agreement for each Unit redeemed. The Units do not expire.