Form 4 for TH Target Hospitality Corp.
Accepted 2023-09-01 00:00:00 ET · period of report 2023-08-30 · accession 0001712189-23-000062 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2023-09-01 | 2023-08-30 | TH | Schrenk Troy C. | Chief Commercial Off | F - Tax | $16.00 | -33.6K | 36.2K | -48% | -$537.6K |
| DT | 2023-09-01 | 2023-08-30 | TH | Schrenk Troy C. | Chief Commercial Off | M - OptEx | $4.51 | +59.5K | 69.8K | +578% | +$268.5K |
| DT | 2023-09-01 | 2023-08-30 | TH | Schrenk Troy C. | Chief Commercial Off | M - OptEx | $0.00 | -59.5K | 19.8K | -75% | $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 | 2023-08-30 | F | D | 33,601 | $16.00 | 36,224 | D | — | — | (F1) Exercise pursuant to 10b5-1 plan entered into on January 6, 2023 |
| 2 | Common | Common Stock, par value $0.0001 per share | 2023-08-30 | M | A | 59,524 | $4.51 | 69,825 | D | — | — | (F1) Exercise pursuant to 10b5-1 plan entered into on January 6, 2023 |
| 3 | Derivative | Employee Stock Options (right to buy) | 2023-08-30 | M | D | 59,524 | $0.00 | 19,841 | D | $4.51 · — to 2030-03-04 | 59,524 Common Stock | (F2) The options reported in this footnote 2 represent the right upon vesting to buy shares of Common Stock of the Issuer, par value $0.0001 per share ("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 March 4, 2020 (the "2020 Option Award Agreement"). The options reported int his footnote 2 vest in equal installments on each of the first four anniversaries of the grant beginning on March 4, 2021, subject to the terms and conditions of the plan and 2020 Option Award Agreement. |