Form 4 for TH Target Hospitality Corp.
Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-04 · accession 0001567619-22-006530 · 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 | 2022-03-08 | 2022-03-04 | TH | Kalamaras Eric | EVP, CFO | D - Sale to Iss | $3.23 | -16.1K | 147.9K | -10% | -$51.9K |
| D | 2022-03-08 | 2022-03-04 | TH | Kalamaras Eric | EVP, CFO | M - OptEx | — | +16.1K | 164.0K | +11% | — |
| D | 2022-03-08 | 2022-03-04 | TH | Kalamaras Eric | EVP, CFO | M - OptEx | $0.00 | -16.1K | 348.9K | -4% | $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 | 2022-03-04 | D | D | 16,060 | $3.23 | 147,943 | D | — | — | (F2) Stock price reflects closing stock price as of March 4, 2022. |
| 2 | Common | Common Stock, par value $0.0001 per share | 2022-03-04 | M | A | 16,060 | — | 164,003 | D | — | — | (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. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 16,060 restricted stock units in cash. |
| 3 | Derivative | Restricted Stock Units | 2022-03-04 | M | D | 16,060 | $0.00 | 348,909 | D | — · — to — | 16,060 Common Stock | (F3) Total includes unvested RSUs from the following grants: 149,502 RSUs granted on February 24, 2022 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 142,857 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; 64,240 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 48,860 RSUs granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan. (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. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 16,060 restricted stock units in cash. |