Douglas G. Rogers - Dec 15, 2023 Form 4/A Insider Report for Atlas Energy Solutions Inc. (AESI)

Role: Director
Signature: /s/ Douglas G. Rogers, by Dathan C. Voelter, as Attorney-in-Fact
Stock symbol: AESI
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 4/A
Date filed: 4/19/2024, 01:31 PM
Date Of Original Report: Dec 18, 2023
Previous filing: Mar 15, 2023
Next filing: Mar 15, 2024

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
transaction	AESI	Restricted Stock Units	Award	$0	+8.06K		$0.00	8.06K	Dec 15, 2023	Common Stock	8.06K		Direct	F1, F2, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of Atlas Energy Solutions Inc. ("Atlas").
F2	Award of RSUs pursuant to the Atlas Energy Solutions Inc. 2023 Long Term Incentive Plan (the "Plan").
F3	Awards of RSUs pursuant to the Plan vest in full on the first anniversary of the grant date, subject to continued service through the vesting date, and unless earlier vesting of a particular award is authorized by the Committee (as defined in the Plan).
F4	The Reporting Person disclaims beneficial ownership of the shares of Common Stock underlying the RSUs except to the extent of his pecuniary interest therein, if any. The Reporting Person is a director of Atlas, and serves as Executive Director of The Sealy & Smith Foundation, a charitable foundation (the "Foundation"). The Foundation and the Reporting Person have entered into an Outside Compensation Agreement dated as of November 15, 2023 (the "Agreement"), which requires that all compensation received by the Reporting Person from Atlas in connection with the Reporting Person's service as a director of Atlas be transferred to the Foundation. Under the Agreement, equity awards granted to the Reporting Person subject to vesting conditions are required to be transferred, for no consideration, to the Foundation upon vesting and are held by the Reporting Person for the benefit of the Foundation until the transfer to the Foundation is complete.
F5	Subsequent to the granting of this award, the Reporting Person determined, on the advice of counsel, that it was appropriate for the Reporting Person to report the acquisition of direct beneficial ownership of the RSUs on the date of grant but to disclaim beneficial ownership of the underlying shares of Common Stock upon the grant of the awards to the Reporting Person rather than reporting the direct acquisition of beneficial ownership of the shares underlying such RSUs. As such, on December 18, 2023, the Reporting Person inadvertently reported direct ownership of the 8,056 shares of Common Stock underlying this grant of RSUs. By this amendment, the Reporting Person corrects such report by reporting direct beneficial ownership of the RSUs granted on December 15, 2023 but denying beneficial ownership of the shares of Common Stock underlying such RSUs, except to the extent of his pecuniary interest therein, if any.