4//SEC Filing
Aberdale Andrew A. 4
Accession 0001567619-19-017961
CIK 0001712189other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 5:01 PM ET
Size
9.7 KB
Accession
0001567619-19-017961
Insider Transaction Report
Form 4
Aberdale Andrew A.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock, par value $0.0001 per share
2019-09-03$6.14/sh−2,573$15,798→ 386,961 total - Exercise/Conversion
Restricted Stock Units
2019-09-03−5,771→ 0 total→ Common Stock (5,771 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2019-09-03+5,771→ 389,534 total
Footnotes (3)
- [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 23,085 restricted stock units which were to vest in four equal annual installments on each of the first four anniversaries of the grant date, on May 21, 2020, 2021, 2022, and 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between the Issuer and the Reporting Person.
- [F3]Pursuant to the terms of the Reporting Person's Separation Agreement filed with the SEC on August 15, 2019, the Issuer accelerated the vesting of 25% of the Reporting Person's previously granted restricted stock units. The remaining 17,314 unvested restricted stock units were forfeited. The Issuer withheld 2,573 restricted stock units to satisfy withholding obligations and the Reporting Person received the balance of 3,198 restricted stock units, in connection with this accelerated vesting.
Documents
Issuer
Target Hospitality Corp.
CIK 0001712189
Entity typeother
Related Parties
1- filerCIK 0001763058
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 5:01 PM ET
- Size
- 9.7 KB