FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Rasmus Robert E.
2. Issuer Name and Ticker or Trading Symbol

Hi-Crush Inc. [ HCR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO and Director
(Last)          (First)          (Middle)

1330 POST OAK BLVD., SUITE 600
3. Date of Earliest Transaction (MM/DD/YYYY)

7/10/2020
(Street)

HOUSTON, TX 77056
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units  (1)7/10/2020  D     225000   (1) (1)Common Stock 225000.0 $0 0 D  
Restricted Stock Units  (1)7/10/2020  D     270239   (1) (1)Common Stock 270239.0 $0 0 D  

Explanation of Responses:
(1) Pursuant to the Executive Retention Agreement between the reporting person and Hi-Crush Services LLC, a subsidiary of Hi-Crush Inc. (the "Issuer"), the Issuer made a one-time cash payment, subject to repayment based on certain conditions, to the reporting person in exchange for the forfeiture of all outstanding equity awards granted by the Issuer, the forfeiture of an annual cash bonus opportunity for 2020 and continued service with the Issuer or one of its subsidiaries.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Rasmus Robert E.
1330 POST OAK BLVD.
SUITE 600
HOUSTON, TX 77056
X
CEO and Director

Signatures
/s/ Mark C. Skolos, as Attorney-In-Fact for Robert E. Rasmus7/14/2020
**Signature of Reporting PersonDate

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