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
- 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.
- 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.
- 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.