Dowhaniuk Brendan 4
4 · Target Hospitality Corp. · Filed Mar 3, 2025
Insider Transaction Report
Form 4
Dowhaniuk Brendan
EVP, Strategy & Corp. Dev.
Transactions
- Award
Restricted Stock Units
2025-02-27+31,250→ 48,960 total→ Common Stock (31,250 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") 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 February 27, 2025, the Reporting Person was granted 31,250 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.
- [F3]Total includes, in addition to 31,250 RSUs on February 27 2025, unvested RSUs from the following grants: 17,710 RSUs granted on December 2, 2024 which vest one year from the grant date. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.