Filing Details

Accession Number:
0001567619-23-004930
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-13 16:21:11
Reporting Period:
2023-03-09
Accepted Time:
2023-03-13 16:21:11
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
1472318 Eric Kalamaras 9320 Lakeside Blvd.
Suite 300
The Woodlands TX 77381
Evp And Cfo No Yes 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 Acquisiton 2023-03-09 1,688 $4.51 113,072 No 4 M Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-03-09 1,688 $16.49 111,384 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Acquisiton 2023-03-10 57,836 $4.51 169,220 No 4 M Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-03-10 57,836 $16.78 111,384 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-03-10 4,824 $17.07 106,560 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2023-03-09 1,688 $0.00 1,688 $4.51
Common Stock Employee Stock Option (right to buy) Disposition 2023-03-10 57,836 $0.00 57,836 $4.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
236,408 2030-03-04 No 4 M Direct
178,572 2030-03-04 No 4 M Direct
Footnotes
  1. Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.49 to $17.36, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 1 to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.99 to $17.29, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 1 to this Form 4.
  4. The options reported in this footnote 4 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan (as amended, the "Plan") and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 4, 2020 (the "Option Award Agreement"). The options reported in this footnote 4 vest in equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021, subject to the terms and conditions of the Plan and Option Award Agreement.