Baker Eli 4
4 · Target Hospitality Corp. · Filed May 23, 2019
Insider Transaction Report
Form 4
Baker Eli
President, CFO and Secretary10% Owner
Transactions
- Award
Restricted Stock Units
2019-05-21+10,929→ 10,929 total→ Common Stock (10,929 underlying)
Footnotes (2)
- [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.
- [F2]On May 21, 2019, the Reporting Person was granted 10,929 restricted stock units which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan and the Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.