# EDGAR Filing Document

**Accession Number:** 0001529628
**File Stem:** 0001529628-23-000018
**Filing Date:** 2023-2
**Character Count:** 19908
**Document Hash:** e7c2bd0500f215658643d26a14e8a640
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001529628-23-000018.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001529628-23-000018

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**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:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-270118
- **FILM NUMBER:** 23686246

**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

**As filed with the Securities and Exchange Commission on February 28, 2023**

**Registration No. 333-**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549** 

**_________________________________________________________________________________________________**

**FORM S-8**

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

***__________________________________________________________________________________________________***

**SMART SAND, INC.**

**(Exact name of registrant as specified in its charter)**

***__________________________________________________________________________________________________***

---

| | | |
|:---|:---|:---|
| | **28420 Hardy Toll Road, Suite 130** | |
| **Delaware** | **Spring, Texas 77373** | **45-2809926** |
| **(State or other jurisdiction of**<br>**incorporation or organization)** | **(Address of Principal Executive Offices) (Zip Code)** | **(I.R.S. Employer**<br>**Identification No.)** |

---

**_________________________________________________________________________________________________**

**Smart Sand, Inc. Amended and Restated 2016 Omnibus Incentive Plan**

**(Full title of the plan)**

---

| | |
|:---|:---|
| **Charles E. Young** | **Copies requested to:** |
| **Chief Executive Officer** | **Vincent A. Vietti** |
| **28420 Hardy Toll Road, Suite 130** | **Fox Rothschild LLP** |
| **Spring, Texas 77373** | **997 Lenox Drive, Building 3** |
| **(281) 231-2660** | **Lawrenceville, NJ 08648** |
| **(Name and address, including zip code, and telephone number, including area code, of agent for service)** | **(609) 896-3600** |

---

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated Filer ☐ Non-accelerated filer 🗷 Smaller reporting company 🗷 Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

------

**EXPLANATORY NOTE**

Smart Sand, Inc. (the "Registrant" or the "Company") has filed this registration statement on Form S-8 (this "Registration Statement") with the United States Securities and Exchange Commission (the "Commission") under the United States Securities Act of 1933, as amended (the "Securities Act"), to register an additional 3,900,000 shares of the Company's Common Stock, $0.001 par value per share ("Common Stock"), issuable pursuant to awards under the Smart Sand, Inc. Amended and Restated 2016 Omnibus Incentive Plan, as amended (the "Amended Plan"). On November 18, 2016, the Company filed a registration statement on Form S-8 (<u>[File No. 333-214700](https://www.sec.gov/Archives/edgar/data/1529628/000119312516771940/d297386ds8.htm)</u>) (the "2016 Form S-8") to register 4,261,623 shares of Common Stock issuable pursuant to awards under the Smart Sand, Inc. Omnibus Incentive Plan (the "2016 Plan" and together with the "Amended Plan," the "Plan"), and such indeterminate number of shares of Common Stock as may become available under the Plan as a result of the adjustment provisions thereof. The 4,261,623 shares consisted of (i) 3,911,456 shares of Common Stock available for future issuance under the 2016 Plan and (ii) 350,167 shares of Common Stock subject to outstanding awards under the Company's 2012 Equity Incentive Plan, which could become available for future issuance under the 2016 Plan in the event that such outstanding awards under the 2012 Plan are terminated, expire or lapse for any reason. On June 10, 2020, the Company filed a registration statement on Form S-8 (<u>[File No. 333-239057](https://www.sec.gov/Archives/edgar/data/1529628/000152962820000101/a2020s-8.htm)</u>) to register an additional 2,088,057 shares of Common Stock issuable pursuant to awards under the Plan, and such indeterminate number of shares of Common Stock as may become available under the Plan as a result of the adjustment provisions thereof (the "2020 Form S-8", and together with the 2016 Form S-8, the "Existing Form S-8s").

Pursuant to General Instruction E to Form S-8, the contents of the Existing Form S-8s are incorporated herein by reference except to the extent supplemented, amended or superseded by the information set forth herein. Only those items of Form S-8 containing new information not contained in the Existing Form S-8s are presented herein.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference.**

The following documents previously filed by the Registrant with the Commission are incorporated by reference into this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;(a)The Registrant's annual report on Form 10-K for the year ended <u>[December 31, 20](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001529628/000152962823000013/snd-20221231.htm)[2](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001529628/000152962823000013/snd-20221231.htm)[2](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001529628/000152962823000013/snd-20221231.htm)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;(b)The Registrant's Current Report on Form 8-K filed with the Commission on <u>[February 28, 2023](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001529628/000152962823000015/snd-20230222.htm)</u> (except for information contained therein which is furnished rather than filed);

&nbsp;&nbsp;&nbsp;&nbsp;(c)The description of the Registrant's common stock contained in the Registrant's Registration Statement on <u>[Form 8-A](https://www.sec.gov/Archives/edgar/data/1529628/000119312516751073/d277740d8a12b.htm)</u> (File No. 001-37936) filed with the Commission on October 28, 2016 under Section 12(b) of the Exchange Act, including any amendments or reports filed for the purpose of updating such description.

In addition, all documents filed with the Commission by the Registrant (other than portions of such documents which are furnished and not filed) pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all such securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the time of filing of such documents; provided, however, that information deemed to have been furnished and not filed shall not be deemed to be incorporated by reference into this Registration Statement..

Any statement contained in the documents incorporated or deemed to be incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference in this Registration Statement modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

------

**Item 8. Exhibits.** 

The following exhibits are filed with or incorporated by reference into this Registration Statement:

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | <u>[Second Amended and Restated Certificate of Incorporation of Smart Sand, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed with the SEC on November 15, 2016)](https://www.sec.gov/Archives/edgar/data/1529628/000119312516768906/d291464dex31.htm)</u> |
| 3.2 | <u>[Second Amended and Restated Bylaws of Smart Sand, Inc. (incorporated by reference to Exhibit 3.2 to the Registrant's Current Report on Form 8-K filed with the SEC on November 15, 2016)](https://www.sec.gov/Archives/edgar/data/1529628/000119312516768906/d291464dex32.htm)</u> |
| 4.1 | <u>[Specimen Stock Certificate (incorporated by reference to Exhibit 4.1 to Amendment No. 2 to the Registrant's Registration Statement on Form S-1 (File No. 333-213692) filed with the SEC on October 18, 2016)](https://www.sec.gov/Archives/edgar/data/1529628/000119312516740740/d219314dex41.htm)</u> |
| 5.1\* | <u>[Opinion of Fox Rothschild LLP Regarding Legality](forms-8xex51opinion2023.htm)</u> |
| 23.1\* | Consent of Fox Rothschild LLP (included as part of Exhibit 5.1) |
| 23.2\* | <u>[Consent of Grant Thornton LLP](forms-8xexhibit2322023.htm)</u> |
| 24.1\* | <u>[Power of Attorney (included on signature page hereof)](#i52fe0be45c054e599ad6c2dbeb0bc799_4)</u> |
| 99.1 | <u>[Amendment No. 1 to the Smart Sand, Inc. Amended and Restated 2016 Omnibus Incentive Plan (incorporated by reference to Exhibit 10.1 Smart Sand Inc.'s Quarterly Report on Form 10-Q filed with the SEC on August 9, 2022)](https://www.sec.gov/Archives/edgar/data/1529628/000152962822000118/a2022q210qex101.htm#i63f5b0d2652a4d9c9434be3666223b59_1)</u> |
| 107\* | <u>[Filing Fee Table](filingfeetable.htm)</u> |

---

\*filed herewith

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Spring, State of Texas, on February 28, 2023.

---

| | |
|:---|:---|
| **SMART SAND, INC.** | **SMART SAND, INC.** |
| (Registrant) | (Registrant) |
| By: | /s/ Lee E. Beckelman |
|  | Lee E. Beckelman |
|  | Chief Financial Officer |

---

Each person whose signature appears below appoints Charles E. Young and Lee E. Beckelman, and each of them, any of whom may act without the joinder of the other, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and re-substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement and any Registration Statement (including any amendment thereto) for this offering that is to be effective upon filing pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitute and substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated:

---

| | | |
|:---|:---|:---|
| Signature | Title | Date |
| /s/ Charles E. Young | Chief Executive Officer and Director (Principal Executive Officer) | February 28, 2023 |
| Charles E. Young | Chief Executive Officer and Director (Principal Executive Officer) |  |
| /s/ Lee E. Beckelman | Chief Financial Officer | February 28, 2023 |
| Lee E. Beckelman | (Principal Financial Officer) |  |
| /s/ Christopher Green | Vice President of Accounting and Controller (Principal Accounting Officer) | February 28, 2023 |
| Christopher Green | Vice President of Accounting and Controller (Principal Accounting Officer) |  |
| /s/ Jose E. Feliciano | Director (Co-Chairman of the Board) | February 28, 2023 |
| José E. Feliciano |  |  |

---

------

---

| | | |
|:---|:---|:---|
| Signature | Title | Date |
| /s/ Timothy J. Pawlenty | Director | February 28, 2023 |
| Timothy J. Pawlenty |  |  |
| /s/ Andrew Speaker | Director (Co-Chairman of the Board) | February 28, 2023 |
| Andrew Speaker |  |  |
| /s/ Sharon Spurlin | Director | February 28, 2023 |
| Sharon Spurlin |  |  |
| /s/ Frank Porcelli | Director | February 28, 2023 |
| Frank Porcelli |  |  |

---

## Ex-Filing

**Exhibit 107**

**Calculation of Filing Fee Table**

Form S-8

(Form Type)

Smart Sand, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <u>Security Type</u> | <u>Security Class Title</u> | Fee Calculation<br> <u>Rule</u> | Amount <u>Registered</u> | Proposed Maximum Offering Price <u>Per Share</u> | Maximum Aggregate <u>Offering Price</u> | <u>Fee Rate</u> | Amount of <u>Registration Fee</u> |
| Equity | Common Stock, par value $0.001 per share | Rule 457(c)<br>Rule 457(h) | 3900000(1) | $1.64(2) | $6396000.00 | 0.0001102 | $704.84 |
| **Total Offering Amounts** |  |  |  |  | $6396000.00 |  |  |
| **Total Fee Offsets** |  |  |  |  |  |  |  |
| **Net Fee Due** |  |  |  |  |  |  | $704.84 |

---

(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), to the extent additional shares of Common Stock may be issued or issuable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as a result of a stock split, stock dividend or other similar transaction while this Registration Statement is in effect, this Registration Statement is hereby deemed to cover

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all such additional shares of Common Stock.

(2) Estimated solely in accordance with Rule 457(c) and 457(h) of the Securities Act for purposes of calculating the registration fee, based upon the average of the high and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;low sales prices of the Common Stock as reported on the Nasdaq Stock Market on February 23, 2023.

## Exhibit 5.1

**Exhibit 5.1**

**FOX ROTHSCHILD LLP**

**Princeton Pike Corporate Center**

**997 Lenox Drive**

**Lawrenceville, NJ 08648-2311**

February 28, 2023

Smart Sand, Inc.

28420 Hardy Toll Road, Suite 130

Spring, Texas 77373

Ladies and Gentlemen:

We are acting as counsel to Smart Sand, Inc., a Delaware corporation (the "<u>Company</u>"), in connection with the filing on this date of a Registration Statement on Form S-8 (the "<u>Registration Statement</u>") under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), with the Securities and Exchange Commission (the "<u>Commission</u>") for the registration of 3,900,000 shares (the "<u>Shares</u>") of the Company's Common Stock, $0.001 par value per share ("<u>Common Stock</u>"), issuable under the Smart Sand, Inc. Amended and Restated 2016 Omnibus Incentive Plan, as amended (the "<u>Plan</u>").

In rendering this opinion, we have assumed: the genuineness and authenticity of all signatures on original documents, including electronic signatures made and/or transmitted using electronic signature technology (e.g., via DocuSign or similar electronic signature technology); that any such signed electronic record shall be valid and as effective to bind the party so signing as a paper copy bearing such party's handwritten signature; the legal capacity of all natural persons; the authenticity of all documents submitted to us as originals; the conformity to originals of all documents submitted to us as certified or photocopies; the authenticity of the originals of such latter documents; the accuracy and completeness of all documents and records reviewed by us; the accuracy, completeness, and authenticity of certificates issued by any governmental official, office, or agency and the absence of change in the information contained therein from the effective date of any such certificate; and, other than for the Company, the due authorization, execution, and delivery of all documents where authorization, execution, and delivery are prerequisites to the effectiveness of such documents.

Our opinion herein is expressed solely with respect to the General Corporation Law of the State of Delaware (including the statutory provisions, all applicable provisions of the Delaware Constitution, and reported judicial decisions interpreting the foregoing) and is based on these laws as in effect on the date hereof. We express no opinion as to whether the laws of any jurisdiction are applicable to the subject matter hereof. We are not rendering any opinion as to compliance with any federal or other state law, rule, or regulation relating to securities, or to the sale or issuance thereof and no opinion as to any other law or matter may be inferred or implied herefrom.

On the basis of our examination mentioned above, subject to the assumptions stated and relying on statements of fact contained in the documents that we have examined, we are of the opinion that the Shares registered pursuant to the Registration Statement have been duly and validly authorized and reserved for issuance and that upon the issuance of such Shares and payment therefore in accordance with the provisions of the Plan and the instruments executed pursuant to the Plan, the Shares will be legally and validly issued, fully paid, and non-assessable.

The opinion expressed herein is rendered as of the date hereof and we expressly disclaim any obligation to update this letter or advise you of any change in any matter after the date hereof.

------

We consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement. In giving such consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

Very Truly Yours,

*/s/ Fox Rothschild LLP*

## Exhibit 23.2

**Exhibit 23.2**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We have issued our report dated February 28, 2023, with respect to the consolidated financial statements of Smart Sand, Inc. included in the Annual Report on Form 10-K for the year ended December 31, 2022, which is incorporated by reference in this Registration Statement. We consent to the incorporation by reference of the aforementioned report in this Registration Statement.

/s/ GRANT THORNTON LLP

New York, New York

February 28, 2023

<br>