# EDGAR Filing Document

**Accession Number:** 0001529628
**File Stem:** 0001628280-23-002708
**Filing Date:** 2023-2
**Character Count:** 15990
**Document Hash:** add02509eefd75955cea439ac284ea73
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-23-002708.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001628280-23-002708

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Smart Sand, Inc.
- **CENTRAL INDEX KEY:** 0001529628
- **STANDARD INDUSTRIAL CLASSIFICATION:** MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
- **IRS NUMBER:** 452809926
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89697
- **FILM NUMBER:** 23598052

**BUSINESS ADDRESS:**
- **STREET 1:** 28420 HARDY TOLL ROAD
- **STREET 2:** SUITE 130
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77373
- **BUSINESS PHONE:** (281) 231-2660

**MAIL ADDRESS:**
- **STREET 1:** 28420 HARDY TOLL ROAD
- **STREET 2:** SUITE 130
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77373
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** YOUNG CHARLES EDWIN
- **CENTRAL INDEX KEY:** 0001687132

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** C/O SMART SAND, INC.
- **STREET 2:** 24 WATERWAY AVENUE, SUITE 350
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77380

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G/A**

**Under the Securities Exchange Act of 1934 <br>(Amendment No. 6)**

**SMART SAND, INC.**

**(Name of Issuer)**

**Common Stock, $0.001 par value per share**

**(Title of Class of Securities)**

**83191H107**

**(CUSIP Number)**

**December 31, 2022**

**(Date of Event which Requires filing of this Statement)**

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(b)

[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(c)

[ X]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

CUSIP No. 83191H107 13G/A Page 2 of 8

---

| | | | |
|:---|:---|:---|:---|
| **1** | NAMES OF REPORTING PERSONS <br>**Keystone Cranberry, LLC** | NAMES OF REPORTING PERSONS <br>**Keystone Cranberry, LLC** | NAMES OF REPORTING PERSONS <br>**Keystone Cranberry, LLC** |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] |
| **3** | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| **4** | CITIZEN OR PLACE OF ORGANIZATION <br>**Pennsylvania** | CITIZEN OR PLACE OF ORGANIZATION <br>**Pennsylvania** | CITIZEN OR PLACE OF ORGANIZATION <br>**Pennsylvania** |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **5** | SOLE VOTING POWER <br>**-0-** |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **6** | SHARED VOTING POWER <br>**5,842,700** <sup>(1)</sup> |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **7** | SOLE DISPOSITIVE POWER <br>**-0-** |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **8** | SHARED DISPOSITIVE POWER <br>**5,842,700** <sup>(1)</sup> |
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**5,842,700** <sup>(1)</sup> | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**5,842,700** <sup>(1)</sup> | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**5,842,700** <sup>(1)</sup> |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**12.8%** <sup>(2)</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**12.8%** <sup>(2)</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**12.8%** <sup>(2)</sup> |
| **12** | TYPE OF REPORTING PERSON <br>**OO (limited liability company)** | TYPE OF REPORTING PERSON <br>**OO (limited liability company)** | TYPE OF REPORTING PERSON <br>**OO (limited liability company)** |

---

<sup>(1)</sup> Based on December 31, 2022 holdings of Issuer securities. As of December 31, 2022, Charles E. Young owned approximately 67% of the membership interests Keystone Cranberry, LLC and is the sole managing member of Keystone Cranberry, LLC, and has sole voting and investment power over the shares held by Keystone Cranberry, LLC.

<sup>(2)</sup> Based on 45,818,584 outstanding shares of the Issuer's common stock as of December 31, 2022, which information was provided by the Issuer to the Reporting Person.

------

CUSIP No. 83191H107 13G/A Page 3 of 8

---

| | | | |
|:---|:---|:---|:---|
| **1** | NAMES OF REPORTING PERSONS <br>**Charles E. Young** | NAMES OF REPORTING PERSONS <br>**Charles E. Young** | NAMES OF REPORTING PERSONS <br>**Charles E. Young** |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] <br> (b) [ ] |
| **3** | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| **4** | CITIZEN OR PLACE OF ORGANIZATION <br>**United States** | CITIZEN OR PLACE OF ORGANIZATION <br>**United States** | CITIZEN OR PLACE OF ORGANIZATION <br>**United States** |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **5** | SOLE VOTING POWER<br>**6,634,267** <sup>(1)</sup> |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **6** | SHARED VOTING POWER <br>**-0-**  |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **7** | SOLE DISPOSITIVE POWER<br>**6,634,267** <sup>(1)</sup> |
| **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **NUMBER OF <br>SHARES <br>BENEFICIALLY <br>OWNED BY EACH <br>REPORTING <br>PERSON <br>WITH** | **8** | SHARED DISPOSITIVE POWER <br>**-0-**  |
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**6,634,267**<sup>(1)</sup> | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**6,634,267**<sup>(1)</sup> | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>**6,634,267**<sup>(1)</sup> |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES <br>**Not Applicable** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**14.5%** <sup>(</sup><sup>2)</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**14.5%** <sup>(</sup><sup>2)</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 <br>**14.5%** <sup>(</sup><sup>2)</sup> |
| **12** | TYPE OF REPORTING PERSON <br>**IN (Individual)** | TYPE OF REPORTING PERSON <br>**IN (Individual)** | TYPE OF REPORTING PERSON <br>**IN (Individual)** |

---

<sup>(1</sup><sup>)</sup> Based on December 31, 2022 holdings of Issuer securities. As of December 31, 3022, Charles E. Young owned approximately 67% of the membership interests in Keystone Cranberry, LLC, is the sole managing member of Keystone Cranberry, LLC and has sole voting and investment power over the 5,842,700 shares held by Keystone Cranberry, LLC. Mr. Young disclaims beneficial ownership of the shares held by Keystone Cranberry, LLC except to the extent of his pecuniary interest therein. Also includes (i) 504,895 shares held directly by Mr. Young and (ii) 286,672 restricted shares issued under the Issuer's 2016 Omnibus Incentive Plan ("2016 Plan") to Mr. Young that are subject to time vesting requirements. Does not include 280,950 restricted shares issued to Mr. Young under the 2016 Plan that are subject to performance-based vesting requirements.

<sup>(2)</sup> Based on 45,818,584 outstanding shares of the Issuer's common stock as of December 31, 2022, which information was provided by the Issuer to the Reporting Person.

------

CUSIP No. 83191H107 13G/A Page 4 of 8

**ITEM 1. (a)&nbsp;&nbsp;&nbsp;&nbsp;Name of Issuer:**

Smart Sand, Inc., a Delaware corporation (the "Issuer")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)**&nbsp;&nbsp;&nbsp;&nbsp;**Address of Issuer's Principal Executive Offices:**

28420 Hardy Toll Road, Suite 130

Spring, TX 77373

**ITEM 2.**&nbsp;&nbsp;&nbsp;&nbsp;**(a)&nbsp;&nbsp;&nbsp;&nbsp;Name of Person Filing:**

Keystone Cranberry, LLC, a Pennsylvania limited liability company

Charles E. Young

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)**&nbsp;&nbsp;&nbsp;&nbsp;**Address or Principal Business Office:**

Principal business office for Keystone Cranberry, LLC and Charles E. Young:

c/o Smart Sand, Inc.

28420 Hardy Toll Road, Suite 130

Spring, TX 77373

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)**&nbsp;&nbsp;&nbsp;&nbsp;**Citizenship:**

&nbsp;&nbsp;&nbsp;&nbsp;Keystone Cranberry, LLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania

&nbsp;&nbsp;&nbsp;&nbsp;Charles E. Young &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c)**&nbsp;&nbsp;&nbsp;&nbsp;**Title of Class of Securities:**

&nbsp;&nbsp;&nbsp;&nbsp;Common Stock, $0.001 par value per share

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d)**&nbsp;&nbsp;&nbsp;&nbsp;**CUSIP Number:**

&nbsp;&nbsp;&nbsp;&nbsp;83191H107

**ITEM 3.**&nbsp;&nbsp;&nbsp;&nbsp;

Not applicable.

------

CUSIP No. 83191H107 13G/A Page 5 of 8

**ITEM 4.**&nbsp;&nbsp;&nbsp;&nbsp;**Ownership**

Keystone Cranberry, LLC

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;(a) | Amount beneficially owned: | 5842700 | (1) |
| (b) | Percent of class: | 12.8% | (2) |
| &nbsp;&nbsp;(c) | Number of shares as to which such person has: |  |  |
|  | (i) Sole power to vote or to direct the vote: |  | (1) |
|  | (ii) Shared power to vote or to direct the vote: | 5842700 |  |
|  | (iii) Sole power to dispose or to direct the disposition of: |  | (1) |
|  | (iv) Shared power to dispose or to direct the disposition of: | 5842700 |  |

---

Charles E. Young

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;(a) | Amount beneficially owned: | 6634267 | (1) |
| &nbsp;&nbsp;(b) | Percent of class: | 14.5% | (2) |
| &nbsp;&nbsp;(c) | Number of shares as to which such person has: |  |  |
|  | (i) Sole power to vote or to direct the vote: | 6634267 | (1) |
|  | (ii) Shared power to vote or to direct the vote: |  |  |
|  | (iii) Sole power to dispose or to direct the disposition of: | 6634267 | (1) |
|  | (iv) Shared power to dispose or to direct the disposition of: |  |  |

---

<sup>(1</sup><sup>)</sup> Based on December 31, 2022 holdings of Issuer securities. As of December 31, 2022, Charles E. Young owned approximately 67% of the membership interests in Keystone Cranberry, LLC, is the sole managing member of Keystone Cranberry, LLC and has sole voting and investment power over the 5,842,700 shares held by Keystone Cranberry, LLC. Mr. Young disclaims beneficial ownership of the shares held by Keystone Cranberry, LLC except to the extent of his pecuniary interest therein. Also includes (i) 504,895 shares held directly by Mr. Young and (ii) 286,672 restricted shares issued under the Issuer's 2016 Omnibus Incentive Plan ("2016 Plan") to Mr. Young that are subject to time vesting requirements. Does not include 280,950 restricted shares issued to Mr. Young under the 2016 Plan that are subject to performance-based vesting requirements.

<sup>(2)</sup> Based on 45,818,584 outstanding shares of the Issuer's common stock as of December 31, 2022, which information was provided by the issuer to the Reporting Person.

------

CUSIP No. 83191H107 13G/A Page 6 of 8

**ITEM 5.**&nbsp;&nbsp;&nbsp;&nbsp;**Ownership of Five Percent or Less of a Class**

Not applicable.

**ITEM 6.**&nbsp;&nbsp;&nbsp;&nbsp;**Ownership of More than Five Percent on Behalf of Another Person**

Not applicable.

**ITEM 7.**&nbsp;&nbsp;&nbsp;&nbsp;**Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company** 

Not applicable.

**ITEM 8.**&nbsp;&nbsp;&nbsp;&nbsp;**Identification and Classification of Members of the Group**

Not applicable.

**ITEM 9.**&nbsp;&nbsp;&nbsp;&nbsp;**Notice of Dissolution of Group**

Not applicable.

**ITEM 10.**&nbsp;&nbsp;&nbsp;&nbsp; **Certification**

Not applicable.

------

CUSIP No. 83191H107 13G/A Page 7 of 8

**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Date**:&nbsp;&nbsp;&nbsp;&nbsp;February 8, 2023

**KEYSTONE CRANBERRY, LLC**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Charles E. Young&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Name:&nbsp;&nbsp;&nbsp;&nbsp;Charles E. Young

Title: &nbsp;&nbsp;&nbsp;&nbsp;Sole Managing Member

**CHARLES E. YOUNG**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Charles E. Young&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

------

CUSIP No. 83191H107 13G/A Page 8 of 8

**JOINT FILING AGREEMENT**

In accordance with Rule 13(d)-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other of the attached statement on Schedule 13G and to all amendments to such statement.

IN WITNESS WHEREOF, the undersigned hereby executed this Agreement as of February 8, 2023.

**KEYSTONE CRANBERRY, LLC**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Charles E. Young&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Name:&nbsp;&nbsp;&nbsp;&nbsp;Charles E. Young

Title: &nbsp;&nbsp;&nbsp;&nbsp;Sole Managing Member

**CHARLES E. YOUNG**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Charles E. Young&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

<br>