0001567619-22-013960.txt : 20220713
0001567619-22-013960.hdr.sgml : 20220713
20220713163235
ACCESSION NUMBER: 0001567619-22-013960
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220712
FILED AS OF DATE: 20220713
DATE AS OF CHANGE: 20220713
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kalamaras Eric
CENTRAL INDEX KEY: 0001472318
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38343
FILM NUMBER: 221081354
MAIL ADDRESS:
STREET 1: ATLAS PIPELINE PARTNERS, GP
STREET 2: 110 W. 7TH, SUITE 2300
CITY: TULSA
STATE: OK
ZIP: 74119
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Target Hospitality Corp.
CENTRAL INDEX KEY: 0001712189
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS, ROOMING HOUSE, CAMPS & OTHER LODGING PLACES [7000]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9320 LAKESIDE BLVD.
STREET 2: SUITE 300
CITY: THE WOODLANDS
STATE: TX
ZIP: 77381
BUSINESS PHONE: 832 709-2563
MAIL ADDRESS:
STREET 1: 9320 LAKESIDE BLVD.
STREET 2: SUITE 300
CITY: THE WOODLANDS
STATE: TX
ZIP: 77381
FORMER COMPANY:
FORMER CONFORMED NAME: Platinum Eagle Acquisition Corp.
DATE OF NAME CHANGE: 20170718
4
1
doc1.xml
FORM 4
X0306
4
2022-07-12
0
0001712189
Target Hospitality Corp.
TH
0001472318
Kalamaras Eric
9320 LAKESIDE BLVD.
SUITE 300
THE WOODLANDS
TX
77381
0
1
0
0
EVP and CFO
Performance-Based Restricted Stock Units
2022-07-12
4
A
0
200000
0.00
A
Common Stock
200000
200000
D
Each Performance-Based Restricted Stock Unit ("PSU") 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.
On July 12, 2022, the Reporting Person was granted a maximum number of 200,000 PSUs pursuant to a Performance-Based Restricted Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of July 12, 2022 (the "PSU Agreement"). The actual number of PSUs that shall vest and become unrestricted may range from 0 to 200,000 PSUs based on criteria described in footnote 3 to this Form 4, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Agreement.
The target number of PSUs reported herein vest upon the Issuer's common stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $12.50 to $20.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2025 or upon the occurrence of certain other events as provided in the PSU Agreement.
/s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Eric T. Kalamaras
2022-07-13