Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 74

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 74
---
) excludes shares associated with grants that were withheld for tax liabilities and grants that were forfeited or expired on or before December 31, 2024, as shares associated with grants that were withheld for tax liabilities and forfeited and expired grants are available for reissuance under the Incentive Plan. The amounts and values in Column (a) comprise 985,077 equity-based RSUs at a weighted average grant price of $7.60, 1,401,407 equity-based PSUs (assumed at a payout of 100% of Target) at a weighted average grant price of $6.02, and 362,109 stock options at a weighted average exercise price of $7.38. For additional information on the awards outstanding under the Plan, see Note 17 in the audited consolidated financial statements included in Part II, Item 8 within this Annual Report on Form 10-K.

| ​ | 68 | ​ | ​ | ​ | investors.targethospitality.com | ​ |

TABLE OF CONTENTS CERTAIN RELATIONSHIP AND RELATED PARTY TRANSACTIONS CERTAIN RELATIONSHIP AND RELATED PARTY TRANSACTIONS Other than compensation arrangements, we describe below transactions to which we were a party or will be a party, in which: ■ the amounts involved exceeded or will exceed $120,000; and ■ any of our directors, executive officers, or holders of more than 5% of our capital stock, or any member of the immediate family of the foregoing persons, had or will have a direct or indirect material interest. Compensation arrangements for our directors and NEOs are described elsewhere in this proxy statement. The following persons and entities that participated in the transactions listed in this section were “related persons” (as defined below) at the time of the transaction: AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT On the March 15, 2019, Target Hospitality, Arrow Holding S.a r.l. ( “Arrow” ), Algeco Investments B.V. ( “Algeco Investments” ), and certain other parties named on the signature pages thereto, entered into an amended and restated registration rights agreement (the “Registration Rights Agreement” ), that amends and restates that certain registration rights agreement, dated January 11, 2018 by and among Platinum Eagle Acquisition Corp., our legal predecessor, and certain of its initial investors and provides such initial investors, Arrow and Algeco Investments with certain demand, shelf and piggyback registration rights covering all shares of Target Hospitality common stock and