Filing Details

Accession Number:
0001104659-19-031459
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-23 16:13:44
Reporting Period:
2019-05-21
Accepted Time:
2019-05-23 16:13:44
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
1763047 C. Troy Schrenk 2170 Buckthorne Place, Suite 440
The Woodlands TX 77380
Chief Commercial Officer 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 2019-05-21 3,200 $10.93 3,200 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2019-05-21 32,318 $0.00 32,318 $0.00
Common Stock Stock Options (right to buy) Acquisiton 2019-05-21 104,791 $0.00 104,791 $10.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,318 No 4 A Direct
104,791 2029-05-21 No 4 A Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.
  2. On May 21, 2019, the Reporting Person was granted 32,318 restricted stock units which vest in four equal annual installments on each of the first four anniversaries of the grant date, on May 21, 2020, 2021, 2022, and 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between the Issuer and the Reporting Person.
  3. The stock options (the "Options"), reported on this Form 4, 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 May 21, 2019 (the "Option Award Agreement"). The Options vest in equal installments on each of the first four anniversaries of the grant date, on May 21, 2020, 2021, 2022, and 2023, subject to the terms and conditions of the Plan and Option Award Agreement.