Form 4 for TH Target Hospitality Corp.
Accepted 2023-09-14 00:00:00 ET · period of report 2023-09-12 · accession 0001712189-23-000070 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2023-09-14 | 2023-09-12 | TH | Vlacich Jason Paul | CAO | M - OptEx | $7.86 | +790 | 22.7K | +4% | +$6,211 |
| DMT | 2023-09-14 | 2023-09-12 | TH | Vlacich Jason Paul | CAO | S - Sale+OE | $16.05 | -895 | 22.2K | -4% | -$14.4K |
| DMT | 2023-09-14 | 2023-09-12 | TH | Vlacich Jason Paul | CAO | M - OptEx | $0.00 | -790 | 0 | -100% | $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 | 2023-09-12 | M | A | 419 | $10.83 | 22,772 | D | — | — | (F1) Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. |
| 2 | Common | Common Stock, par value $0.0001 per share | 2023-09-12 | S | D | 419 | $16.05 | 22,353 | D | — | — | (F1) Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. (F2) The price reported in column 4 is a weighted average price. These shares were sold on 09/12/23 in multiple transactions at prices ranging from $16.01 - $16.10, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
| 3 | Common | Common Stock, par value $0.0001 per share | 2023-09-12 | M | A | 371 | $4.51 | 22,724 | D | — | — | (F1) Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. |
| 4 | Common | Common Stock, par value $0.0001 per share | 2023-09-12 | S | D | 371 | $16.05 | 22,353 | D | — | — | (F1) Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. (F3) The price reported in column 4 is a weighted average price. These shares were sold on 09/12/23 in multiple transactions at prices ranging from $16.01 - $16.15, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
| 5 | Common | Common Stock, par value $0.0001 per share | 2023-09-12 | S | D | 105 | $16.04 | 22,248 | D | — | — | (F1) Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. (F4) The price reported in column 4 is a weighted average price. These shares were sold on 09/12/23 in multiple transactions at prices ranging from $16.00 - $16.09, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
| 6 | Derivative | Employee Stock Options (right to buy) | 2023-09-12 | M | D | 371 | $0.00 | 19,841 | D | $4.51 · — to 2030-03-04 | 371 Common Stock | (F6) The options in this Footnote 6 represent the right upon vesting to buy shares of common stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 4, 2020 (the "Option Award Agreement"). The options reported in this Footnote 6 vest in equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021, subject to the terms and conditions of the Plan and the Option Award Agreement. |
| 7 | Derivative | Employee Stock Options (right to buy) | 2023-09-12 | M | D | 419 | $0.00 | 0 | D | $10.83 · — to 2029-05-21 | 419 Common Stock | (F5) The options in this Footnote 5 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 options reported in this Footnote 5 vested in equal installments on each of the first four anniversaries of the grant date with the last vesting on May 21, 2023. |