Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TH | Common Stock, par value $0.0001 per share | Options Exercise | +5.35K | +11.59% | 51.6K | Mar 4, 2023 | Direct | F1 | ||
transaction | TH | Common Stock, par value $0.0001 per share | Tax liability | -$19.6K | -1.3K | -2.53% | $15.07 | 50.2K | Mar 4, 2023 | Direct | F2 |
transaction | TH | Common Stock, par value $0.0001 per share | Options Exercise | $97.3K | +54.3K | +108.16% | $1.79 | 105K | Mar 3, 2023 | Direct | |
transaction | TH | Common Stock, par value $0.0001 per share | Disposed to Issuer | -$819K | -54.3K | -51.96% | $15.07 | 50.2K | Mar 3, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TH | Restricted Stock Units | Options Exercise | $0 | -5.35K | -6.54% | $0.00 | 76.5K | Mar 4, 2023 | Common Stock | 5.35K | Direct | F1, F3 | |
transaction | TH | Stock Appreciation Rights | Options Exercise | $0 | -54.3K | -50% | $0.00 | 54.3K | Mar 3, 2023 | Common Stock | 54.3K | $1.79 | Direct | F4 |
Id | Content |
---|---|
F1 | 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. |
F2 | Restricted stock units withheld for payment of tax liability upon vesting of 5,354 RSUs on 03/04/2023. Stock price reflects closing stock price as of March 3, 2023, the last business day prior to vest. |
F3 | Total includes unvested RSUs from the following grants: 7,692 RSUs granted on March 1, 2023 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospit |
F4 | The Stock Appreciation Rights ("SARs"), reported on this Form 4, represent upon vesting the right to receive payment in cash or stock, at the Issuer's discretion, the amount of the increase from the grant date price and fair market value pursuant to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and the SAR Award Agreement entered into between the Issuer and the Reporting Person as of February 25, 2021 (the "SAR Award Agreement"). The SARs vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date, subject to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended and SAR Award Agreement. |