Form 4 for TH Target Hospitality Corp.
Accepted 2024-04-10 00:00:00 ET · period of report 2024-04-09 · accession 0001104659-24-045832 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-10 | 2024-04-09 | TH | Schrenk Troy C. | CCO, SEVP, Ops | M - OptEx | $1.79 | +108.7K | 201.9K | +117% | +$194.6K |
| D | 2024-04-10 | 2024-04-09 | TH | Schrenk Troy C. | CCO, SEVP, Ops | D - Sale to Iss | $10.90 | -108.7K | 93.2K | -54% | -$1.18M |
| D | 2024-04-10 | 2024-04-09 | TH | Schrenk Troy C. | CCO, SEVP, Ops | M - OptEx | $0.00 | -108.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.0001 per share | 2024-04-09 | M | A | 108,695 | $1.79 | 201,853 | D | — | — | |
| 2 | Common | Common Stock, par value $0.0001 per share | 2024-04-09 | D | D | 108,695 | $10.90 | 93,158 | D | — | — | |
| 3 | Derivative | Stock Appreciation Rights | 2024-04-09 | M | D | 108,695 | $0.00 | 0 | D | $1.79 · — to 2031-02-25 | 108,695 Common Stock | (F1) 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. |