SAGANSKY JEFFREY 4
4 · Target Hospitality Corp. · Filed Dec 23, 2022
Insider Transaction Report
Form 4
SAGANSKY JEFFREY
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock, par value $0.0001 per share
2022-12-21$15.45/sh−100,000$1,545,000→ 1,471,225 total - Sale
Common Stock, par value $0.0001 per share
2022-12-23$15.53/sh−100,000$1,553,000→ 1,741,225 total - Award
Common Stock, par value $0.0001 per share
2022-12-22+370,000→ 1,841,225 total - Disposition to Issuer
Private Placement Warrants
2022-12-22−1,000,000→ 866,666 totalExercise: $11.50→ Common Stock (1,000,000 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.73, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (1) on this Form 4.
- [F2]The reporting person disposed of 1,000,000 Private Placement Warrants in exchange for 370,000 shares of the issuer's common stock, par value $0.0001 per share, in an issuer exchange offer.
- [F3]The Private Placement Warrants became exercisable on April 14, 2019 and expire at 5pm, New York City time, on March 15, 2024, or earlier upon redemption or liquidation.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.89, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (4) on this Form 4.