Pamela H. Patenaude - May 18, 2024 Form 4 Insider Report for Target Hospitality Corp. (TH)

Role: Director
Signature: /s/ Heidi D. Lewis, Attorney-in Fact on behalf of Pamela H. Patenaude
Stock symbol: TH
Transactions as of: May 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/21/2024, 04:35 PM
Previous filing: Mar 1, 2024
Next filing: May 28, 2024

Transactions Table

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		+7.89K	+22.24%		43.3K	May 18, 2024	Direct	F1
holding	TH	Common Stock, par value $0.0001 per share						956	May 18, 2024	By Grandchilder

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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	-7.89K	-100%	$0.00^*	0	May 18, 2024	Common Stock	7.89K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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	On May 18, 2023, the Reporting Person, was granted 7,888 Restricted Stock Units which vest in full on May 18, 2024 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

Content

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 18, 2023, the Reporting Person, was granted 7,888 Restricted Stock Units which vest in full on May 18, 2024 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.