Eli Baker - 31 Dec 2021 Form 4 Insider Report for Target Hospitality Corp. (TH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 15:31:57 UTC
Prior SEC filing
20 May 2021
Next SEC filing
06 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Eli Baker

Key filing fact

Eli Baker filed Form 4 for Target Hospitality Corp. (TH) on 04 Jan 2022.

Key facts

  • This page summarizes Eli Baker's Form 4 filing for Target Hospitality Corp. (TH).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Jan 2022, 15:31.

Change

  • Previous filing in this sequence was filed on 20 May 2021.
  • 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
+38,462
Change %
+4.3%
Price
Shares after
924,941
Date
31 Dec 2021
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
-38,462
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,462
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

Section 16 status

Eli Baker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

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 18, 2021, the Reporting Person was granted 38,462 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 (the "Plan") and the award agreement. On December 6, 2021, Reporting Person submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted on May 18, 2021.

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