New insider Schuck Mark claimed ownership of 19,022 shares (SEC Form 3)
$TH
Hotels/Resorts
Consumer Discretionary
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 04/08/2025 |
3. Issuer Name and Ticker or Trading Symbol
Target Hospitality Corp. [ TH ] |
|||||||||||||
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||
| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock, par value $0.0001 per share | 19,022 | D | |
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (1) | (1) | Common Stock | 25,242 | (1) | D | |
| Employee Stock Option (Rights to Buy) | (2) | 03/04/2030 | Common Stock | 11,904 | $4.51 | D | |
| Explanation of Responses: |
| 1. 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. Includes 7,475 RSUs which vest on 2.24.26, 2,307 RSUs which vest in two equal annual installments beginning on 3.1.26, 4,746 RSUs which vest in three equal annual installments beginning 2.29.26, 10,714 RSUs which vest in four equal annual installments beginning 2.27.26. |
| 2. The option became exercisable as to 11,904 shares on 3.4.24. |
| Remarks: |
| Heidi D. Lewis is signing as Attorney-in-Fact pursuant to the power of attorney dated March 17, 2025 granted by Mark Schuck., a copy of which is filed as Exhibit 24 and incorporated herein by reference. |
| /s/ Heidi D. Lewis as Attorney-in-Fact on behalf of Mark Schuck | 04/09/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||