Form 4 for TH Target Hospitality Corp.
Accepted 2023-01-09 00:00:00 ET · period of report 2023-01-06 · accession 0001567619-23-000747 · 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 | 2023-01-09 | 2023-01-06 | TH | Vlacich Jason Paul | CAO | M - OptEx | $10.83 | +20.0K | 39.4K | +103% | +$216.6K |
| D | 2023-01-09 | 2023-01-06 | TH | Vlacich Jason Paul | CAO | S - Sale+OE | $16.33 | -20.0K | 19.4K | -51% | -$326.6K |
| D | 2023-01-09 | 2023-01-06 | TH | Vlacich Jason Paul | CAO | M - OptEx | $0.00 | -20.0K | 9,941 | -67% | $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 | 2023-01-06 | M | A | 20,000 | $10.83 | 39,355 | D | — | — | |
| 2 | Common | Common Stock, par value $0.0001 per share | 2023-01-06 | S | D | 20,000 | $16.33 | 19,355 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $16.39, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 1 to this Form 4. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2023-01-06 | M | D | 20,000 | $0.00 | 9,941 | D | $10.83 · — to 2029-05-21 | 20,000 Common Stock | (F2) The options reported in this footnote 2 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan (as amended, the "Plan") and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of May 21, 2019 (the "Option Award Agreement"). The options reported in this footnote 2 vest in equal installments on each of the first four anniversaries of the grant date beginning on May 21, 2020, subject to the terms and conditions of the Plan and Option Award Agreement. |