Form 4 for TH Target Hospitality Corp.
Accepted 2022-12-23 00:00:00 ET · period of report 2022-12-21 · accession 0001567619-22-022006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-12-23 | 2022-12-21+ | TH | SAGANSKY JEFFREY | Dir | S - Sale | $15.49 | -200.0K | 1.74M | -10% | -$3.10M |
| D | 2022-12-23 | 2022-12-22 | TH | SAGANSKY JEFFREY | Dir | A - Grant | — | +370.0K | 1.84M | +25% | — |
| D | 2022-12-23 | 2022-12-22 | TH | SAGANSKY JEFFREY | Dir | D - Sale to Iss | — | -1.00M | 866.7K | -54% | — |
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 | 2022-12-21 | S | D | 100,000 | $15.45 | 1,471,225 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.73, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (1) on this Form 4. |
| 2 | Common | Common Stock, par value $0.0001 per share | 2022-12-23 | S | D | 100,000 | $15.53 | 1,741,225 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.89, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (4) on this Form 4. |
| 3 | Common | Common Stock, par value $0.0001 per share | 2022-12-22 | A | A | 370,000 | — | 1,841,225 | D | — | — | (F2) The reporting person disposed of 1,000,000 Private Placement Warrants in exchange for 370,000 shares of the issuer's common stock, par value $0.0001 per share, in an issuer exchange offer. |
| 4 | Derivative | Private Placement Warrants | 2022-12-22 | D | D | 1,000,000 | — | 866,666 | D | $11.50 · — to — | 1,000,000 Common Stock | (F2) The reporting person disposed of 1,000,000 Private Placement Warrants in exchange for 370,000 shares of the issuer's common stock, par value $0.0001 per share, in an issuer exchange offer. (F3) The Private Placement Warrants became exercisable on April 14, 2019 and expire at 5pm, New York City time, on March 15, 2024, or earlier upon redemption or liquidation. |