InsiderTrades

Form 4 for AESI Atlas Energy Solutions Inc.

Accepted 2024-04-19 00:00:00 ET · period of report 2023-12-15 · accession 0000950170-24-045865 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
MI 2024-04-19 2023-12-15+ AESI Sealy & Smith Foundation 10% J - Other — +14.9K 8,056 New —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2024-03-13 J A 6,866 — 14,922 I See Footnote — — (F2) (Continued from footnote 1)The award of 8,056 RSUs granted to Mr. Rogers on December 15, 2023 vested in full on March 13, 2024. The award of 6,866 RSUs granted to Mr. Rogers on March 13, 2024 vests in full on the first anniversary of the grant date, subject to continued service by Mr. Rogers through the vesting date. Subsequent to the granting of these awards, the Foundation determined, on the advice of counsel, that it was appropriate for the Foundation to report the acquisition of indirect beneficial ownership of the underlying shares of Common Stock upon the grant of the awards to Mr. Rogers rather than reporting the direct acquisition of the shares following vesting of the awards. (F1) Consists of shares of Common Stock underlying restricted stock units awarded to Douglas G. Rogers pursuant to the Atlas Energy Solutions Inc. 2023 Long Term Incentive Plan. Mr. Rogers is a director of the issuer, Atlas Energy Solutions Inc. ("Atlas"), and serves as Executive Director of the reporting person, The Sealy & Smith Foundation, a charitable foundation (the "Foundation"). The Foundation and Mr. Rogers have entered into an Outside Compensation Agreement dated as of November 15, 2023 (the "Agreement"), which requires that all compensation received by Mr. Rogers from Atlas in connection with Mr. Rogers' service as a director of Atlas be transferred to the Foundation. Under the Agreement, equity awards granted to Mr. Rogers subject to vesting conditions are required to be transferred, for no consideration, to the Foundation upon vesting and are held by Mr. Rogers for the benefit of the Foundation until the transfer to the Foundation is complete.
2 Common Common Stock 2023-12-15 J A 8,056 — 8,056 I See Footnote — — (F2) (Continued from footnote 1)The award of 8,056 RSUs granted to Mr. Rogers on December 15, 2023 vested in full on March 13, 2024. The award of 6,866 RSUs granted to Mr. Rogers on March 13, 2024 vests in full on the first anniversary of the grant date, subject to continued service by Mr. Rogers through the vesting date. Subsequent to the granting of these awards, the Foundation determined, on the advice of counsel, that it was appropriate for the Foundation to report the acquisition of indirect beneficial ownership of the underlying shares of Common Stock upon the grant of the awards to Mr. Rogers rather than reporting the direct acquisition of the shares following vesting of the awards. (F1) Consists of shares of Common Stock underlying restricted stock units awarded to Douglas G. Rogers pursuant to the Atlas Energy Solutions Inc. 2023 Long Term Incentive Plan. Mr. Rogers is a director of the issuer, Atlas Energy Solutions Inc. ("Atlas"), and serves as Executive Director of the reporting person, The Sealy & Smith Foundation, a charitable foundation (the "Foundation"). The Foundation and Mr. Rogers have entered into an Outside Compensation Agreement dated as of November 15, 2023 (the "Agreement"), which requires that all compensation received by Mr. Rogers from Atlas in connection with Mr. Rogers' service as a director of Atlas be transferred to the Foundation. Under the Agreement, equity awards granted to Mr. Rogers subject to vesting conditions are required to be transferred, for no consideration, to the Foundation upon vesting and are held by Mr. Rogers for the benefit of the Foundation until the transfer to the Foundation is complete.