Filing Details

Accession Number:
0001567619-22-022006
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-23 17:43:46
Reporting Period:
2022-12-21
Accepted Time:
2022-12-23 17:43:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1712189 Target Hospitality Corp. TH () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1207119 Jeffrey Sagansky 9320 Lakeside Blvd.
Suite 300
The Woodlands TX 77381
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Per Share Disposition 2022-12-21 100,000 $15.45 1,471,225 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Acquisiton 2022-12-22 370,000 $0.00 1,841,225 No 4 A Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2022-12-23 100,000 $15.53 1,741,225 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Private Placement Warrants Disposition 2022-12-22 1,000,000 $0.00 1,000,000 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
866,666 No 4 D Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.73, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (1) on this Form 4.
  2. The reporting person disposed of 1,000,000 Private Placement Warrants in exchange for 370,000 shares of the issuer's common stock, par value $0.0001 per share, in an issuer exchange offer.
  3. The Private Placement Warrants became exercisable on April 14, 2019 and expire at 5pm, New York City time, on March 15, 2024, or earlier upon redemption or liquidation.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.89, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (4) on this Form 4.