Filing Details

Accession Number:
0001712189-23-000068
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-06 16:38:54
Reporting Period:
2023-09-01
Accepted Time:
2023-09-06 16:38:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1712189 Target Hospitality Corp. TH Hotels, Rooming Houses, Camps & Other Lodging Places (7000) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1763039 Paul Jason Vlacich 9320 Lakeside Blvd., Ste 300
The Woodlands TX 77381
Chief Accounting Officer No 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 Acquisiton 2023-09-01 2,319 $10.83 24,999 No 4 M Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-09-01 2,319 $16.06 22,680 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Acquisiton 2023-09-01 2,205 $4.51 24,885 No 4 M Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-09-01 2,205 $16.06 22,680 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2023-09-01 327 $16.08 22,353 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 Options (right to buy) Disposition 2023-09-01 2,319 $0.00 2,319 $10.83
Common Stock Employee Stock Options (right to buy) Disposition 2023-09-01 2,205 $0.00 2,205 $4.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
419 2029-05-21 No 4 M Direct
20,212 2030-03-04 No 4 M Direct
Footnotes
  1. Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023.
  2. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.26, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  3. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.26, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  4. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.19, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  5. The options in this Footnote 5 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 May 21, 2019. The options reported in this Footnote 5 vested in equal installments on each of the first four anniversaries of the grant date with the last vesting on May 21, 2023.
  6. The options in this Footnote 6 represent the right upon vesting to buy shares of common stock pursuant to the terms and conditions of 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 6 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 the Option Award Agreement.