X0306 4 2016-12-07 0 0001529628 Smart Sand, Inc. SND 0001687112 KISZKA ROBERT C/O SMART SAND, INC. 24 WATERWAY AVENUE, SUITE 350 THE WOODLANDS TX 77380 0 1 0 0 Executive VP of Operations COMMON STOCK 2016-12-07 4 X 0 200000 0.0045 A 568876 I BY LLC COMMON STOCK 84211 D COMMON STOCK WARRANT (RIGHT TO BUY) 0.0045 2016-12-07 4 X 0 200000 0.00 D 2019-09-13 COMMON STOCK 200000 0 I BY LLC Held by a limited liability company ("LLC") of which the Reporting Person serves as the sole member with sole voting and investment control over the securities held thereby. The Reporting Person disclaims beneficial ownership of the securities held by the LLC except to the extent of his pecuniary interest therein. The warrant is exercisable on or after the date immediately following the 20th consecutive trading day on which the Issuer's common stock is actively traded on a national securities exchange and the aggregate market value of the common stock is at least $300 million for each of the 20 trading days. /s/ Lee E. Beckelman as Attorney-in-Fact for Robert Kiszka 2016-12-07