Jeffrey Sagansky - 18 May 2023 Form 4 Insider Report for Target Hospitality Corp. (TH)

Reporting relationship: Director
Issuer ticker: TH
Reported as of: 18 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 May 2023, 16:31:14 UTC
Prior SEC filing: 19 May 2023
Next SEC filing: 06 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Heidi D. Lewis, Attorney-in-Fact on behalf of Jeffrey Sagansky

Key filing fact

Jeffrey Sagansky filed Form 4 for Target Hospitality Corp. (TH) on 22 May 2023.

Key facts

This page summarizes Jeffrey Sagansky's Form 4 filing for Target Hospitality Corp. (TH).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 22 May 2023, 16:31.

Change

Previous filing in this sequence was filed on 19 May 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TH transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
Shares: +18,110
Change %: +1%
Price
Shares after: 1,756,335
Date: 18 May 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TH transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -18,110
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,110
Exercise price
Footnotes: F1, F2

TH transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +7,888
Change %
Price: $0.000000
Shares after: 7,888
Date: 18 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,888
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

On May 19, 2022, the Reporting Person was granted 18,110 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.