<SEC-DOCUMENT>0001712189-23-000064.txt : 20230901
<SEC-HEADER>0001712189-23-000064.hdr.sgml : 20230901
<ACCEPTANCE-DATETIME>20230901170735
ACCESSION NUMBER:		0001712189-23-000064
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230830
FILED AS OF DATE:		20230901
DATE AS OF CHANGE:		20230901

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Vlacich Jason Paul
		CENTRAL INDEX KEY:			0001763039

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38343
		FILM NUMBER:		231233333

	MAIL ADDRESS:	
		STREET 1:		C/O TARGET HOSPITALITY
		STREET 2:		2170 BUCKTHORNE PLACE, SUITE 440
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380

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
</SEC-HEADER>
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                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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    <footnotes>
        <footnote id="F1">Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023.</footnote>
        <footnote id="F2">The price reported in column 4 is a weighted average price.  These shares were sold on 08/31/23 in multiple transactions at prices ranging from $16.00 - $16.04, inclusive.  The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.</footnote>
        <footnote id="F3">The price reported in column 4 is a weighted average price.  These shares were sold on 08/31/23 in multiple transactions at prices ranging from $16.00 - $16.05, inclusive.  The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.</footnote>
        <footnote id="F4">The price reported in column 4 is a weighted average price.  These shares were sold on 08/31/23 in multiple transactions at prices ranging from $16.00 - $16.03, inclusive.  The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.</footnote>
        <footnote id="F5">The options in this Footnote 5 represent the right upon vesting to buy shares of common stock pursuant to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Award Plan (as amended, the &quot;Plan&quot;) and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of May 21, 2019.  The options reported in this Footnote 5 vested in equal installments on each of the first four anniversaries of the grant date with the last vesting on May 21, 2023.</footnote>
        <footnote id="F6">The options in this Footnote 6 represent the right upon vesting to buy shares of common stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 4, 2020 (the &quot;Option Award Agreement&quot;).  The options reported in this Footnote 6 vest in equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021, subject to the terms and conditions of the Plan and the Option Award Agreement.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Jason Vlacich</signatureName>
        <signatureDate>2023-09-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
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