4//SEC Filing
Kelley John Travis 4
Accession 0001567619-23-004975
CIK 0001712189other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 7:05 AM ET
Size
9.0 KB
Accession
0001567619-23-004975
Insider Transaction Report
Form 4
Kelley John Travis
EVP - Operations
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-03-10$1.79/sh+54,348$97,283→ 106,031 total - Disposition to Issuer
Common Stock, par value $0.0001 per share
2023-03-10$16.66/sh−54,348$905,438→ 51,683 total - Exercise/Conversion
Stock Appreciation Rights
2023-03-10−54,348→ 54,348 totalExercise: $1.79Exp: 2031-02-25→ Common Stock (54,348 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 0001860232
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 7:05 AM ET
- Size
- 9.0 KB