4//SEC Filing
Schrenk Troy C. 4
Accession 0001104659-24-045832
CIK 0001712189other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 4:30 PM ET
Size
9.4 KB
Accession
0001104659-24-045832
Insider Transaction Report
Form 4
Schrenk Troy C.
SEVP, Operations & CCO
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-04-09$1.79/sh+108,695$194,564→ 201,853 total - Disposition to Issuer
Common Stock, par value $0.0001 per share
2024-04-09$10.90/sh−108,695$1,184,776→ 93,158 total - Exercise/Conversion
Stock Appreciation Rights
2024-04-09−108,695→ 0 totalExercise: $1.79Exp: 2031-02-25→ Common Stock (108,695 underlying)
Footnotes (1)
- [F1]The Stock Appreciation Rights ("SARs"), reported on this Form 4, represent upon vesting the right to receive payment in cash or stock, at the Issuer's discretion, the amount of the increase from the grant date price and fair market value pursuant to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and the SAR Award Agreement entered into between the Issuer and the Reporting Person as of February 25, 2021 (the "SAR Award Agreement"). The SARs vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date, subject to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended and SAR Award Agreement.
Documents
Issuer
Target Hospitality Corp.
CIK 0001712189
Entity typeother
Related Parties
1- filerCIK 0001763047
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 4:30 PM ET
- Size
- 9.4 KB