Form 4 for TH Target Hospitality Corp.
Accepted 2023-05-22 00:00:00 ET · period of report 2023-05-21 · accession 0001712189-23-000032 · 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 | 2023-05-22 | 2023-05-21 | TH | Schrenk Troy C. | Chief Commercial Off | F - Tax | $15.60 | -3,179 | 92.1K | -3% | -$49.6K |
| D | 2023-05-22 | 2023-05-21 | TH | Schrenk Troy C. | Chief Commercial Off | M - OptEx | — | +8,080 | 95.3K | +9% | — |
| D | 2023-05-22 | 2023-05-21 | TH | Schrenk Troy C. | Chief Commercial Off | M - OptEx | $0.00 | -8,080 | 143.1K | -5% | $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 | 2023-05-21 | F | D | 3,179 | $15.60 | 92,088 | D | — | — | (F2) Restricted stock units withheld for payment of tax liability upon vesting of 8,080 RSUs on 05/21/2023. Stock price reflects closing stock price as of May 19, 2023, the last business day prior to vest. |
| 2 | Common | Common Stock, par value $0.0001 per share | 2023-05-21 | M | A | 8,080 | — | 95,267 | 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. |
| 3 | Derivative | Restricted Stock Units | 2023-05-21 | M | D | 8,080 | $0.00 | 143,108 | D | — · — to — | 8,080 Common Stock | (F3) Total includes unvested RSUs from the following grants: 15,385 RSUs granted on March 1, 2023 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 95,238 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; and 21,414 RSUs granted on March 4, 2020 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended. (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. |