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
- Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.
- 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.
- 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.
- 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.
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