Richard W. Schmidt - Sep 13, 2023 Form 3 Insider Report for Atlas Energy Solutions Inc. (AESI)

Role
Member of 10% Owner Group.
Signature
/s/ Dathan C. Voelter, as attorney-in-fact for Richard William Schmidt
Stock symbol
AESI
Transactions as of
Sep 13, 2023
Transactions value $
$0
Form type
3
Date filed
9/22/2023, 10:34 PM
Next filing
Oct 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AESI Class A Common Stock 146K Sep 13, 2023 Direct
holding AESI Class A Common Stock 87.5K Sep 13, 2023 See Footnote F1
holding AESI Class B Common Stock 162K Sep 13, 2023 Direct F2
holding AESI Class B Common Stock 1.66M Sep 13, 2023 See Footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AESI Atlas Sand Operating, LLC Units Sep 13, 2023 Class A Common Stock 162K Direct F2
holding AESI Atlas Sand Operating, LLC Units Sep 13, 2023 Class A Common Stock 1.66M See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes securities held by Schmidt Atlas LLC ("Schmidt LLC"), of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership of the shares held by Schmidt LLC except to the extent of his pecuniary interest therein, if any.
F2 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 ("Unit") representing ownership interests in Atlas Sand Operating, LLC ("Atlas Operating") 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.

Remarks:

See attached for Exhibit 24 - Power of Attorney.