Target Hospitality Corp. — Director's Dealing 2021

Aug 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Target Hospitality Corp. (TH)
CIK: 0001712189
Period of Report: 2021-08-04

Reporting Person: Faulkenberry Barbara J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-04	Restricted Stock Units	$	A	22087	Acquired		Common Stock (22087)	Direct

Footnotes

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 August 4, 2021, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 22,087 RSUs which vest in full on May 18, 2022 or, if earlier, the date of the 2022 annual meeting of the ,stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the board of directors.