Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 44

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 44
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 ​ | ​ | ​ | ​ | 10.83 | ​                      | ​ | ​ | ​ | ​ | 5/21/29 | ​                    | ​ | ​ | ​ | ​ |      — | ​                                                        | ​ |      ​ | ​ | ​ |       — | ​                                                             | ​ |       ​ | ​ | ​ |      — | ​                                                                                                 | ​ |      ​ | ​ | ​ |       — | ​                                                                                                                | ​ |         |   |   |
| ​ | Brendan Dowhaniuk | ​ | ​            | ​         | ​ | 12/02/2024 | ​ | ​ |      ​ | ​                                                                | ​ | — | ​ | ​ | ​ | ​                                                                  | ​ | — | ​ | ​ | ​ | ​                                                                                     | ​ | — | ​ | ​ |     ​ | ​                      | ​ | — | ​ | ​ | ​       | ​                    | ​ | — | ​ | ​ |      ​ | ​                                                        | ​ | 17,710 | ​ | ​ |       ​ | ​                                                             | ​ | 171,079 | ​ | ​ |      ​ | ​                                                                                                 | ​ |      — | ​ | ​ |       ​ | ​                                                                                                                | ​ |       — | ​ | ​ |

(1) Stock Options granted in 2019 and 2020 are fully vested. (2) RSUs granted in 2022, 2023 and 2024 each have a four-year ratable vesting schedule, with 25% vesting each year starting on the first anniversary of the grant date. (3) The value of the RSUs and PSUs reported is based on a price of $9.66 per share, which was the closing price of the Company’s common stock on December 31, 2024, the last trading day of the Company’s fiscal year, multiplied by the number of shares underlying the RSUs or PSUs, as applicable, that had not vested. (4) PSUs may vest subject to achievement of applicable performance criteria following a three-year performance period. For the May/July 2022 PSUs the performance period begins in May/July of 2022 and ends on June 30, 2025. For the 2023 PSUs the performance period for the TSR component begins January 1, 2023 and ends December 31, 2025 and for the diversification EBITDA component begins March 1,