4//SEC Filing
Archer James B. 4
Accession 0001712189-24-000019
CIK 0001712189other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:19 PM ET
Size
11.8 KB
Accession
0001712189-24-000019
Insider Transaction Report
Form 4
Archer James B.
DirectorDirector and CEO and President
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-01−14,423→ 294,830 total→ Common Stock (14,423 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-03-01+14,423→ 1,445,140 total - Tax Payment
Common Stock, par value $0.0001 per share
2024-03-01$9.60/sh−5,675$54,480→ 1,439,465 total - Award
Restricted Stock Units
2024-02-29+100,211→ 309,253 total→ Common Stock (100,211 underlying)
Footnotes (4)
- [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]Restricted stock units withheld for payment of tax liability upon vesting of 14,423 RSUs on 03.01.2024. Stock price reflects closing stock price as of March 1, 2024.
- [F3]On February 29, 2024, the Reporting Person was granted by the Compensation Committee 100,211 restricted stock units which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 1, 2025, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.
- [F4]Total includes, in addition to the grant of 100,211 RSUs on 02.29.2024, unvested RSUs from the following grants: 57,692 RSUs granted on March 1, 2023 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; 249,169 RSUs granted on February 24, 2022, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; and 107,067 RSUs granted on March 4, 2020 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.
Documents
Issuer
Target Hospitality Corp.
CIK 0001712189
Entity typeother
Related Parties
1- filerCIK 0001763054
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:19 PM ET
- Size
- 11.8 KB