Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 59

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 59
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 ​ | ​ |   284,110 | ​ | ​ |
| ​ | Plus (less), average year over year change in fair valueof equity awards granted in prior years that vested inthe year    | ​ | ​ |    ​ | ​ |  -251,265 | ​ | ​ | ​ |    ​ | ​ |    337,331 | ​ | ​ | ​ |    ​ | ​ |    239,816 | ​ | ​ | ​ |    ​ | ​ |    51,370 | ​ | ​ |
| ​ | Average Compensation Actually Paid to Non-PEO NEOs                                                                        | ​ | ​ |    ​ | ​ |   449,550 | ​ | ​ | ​ |    ​ | ​ | -1,049,917 | ​ | ​ | ​ |    ​ | ​ | 12,049,682 | ​ | ​ | ​ |    ​ | ​ | 2,408,446 | ​ | ​ |

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(5)

TSR is calculated by dividing (a) the sum of (i) the cumulative amount of dividends for the measurement period, assuming dividend reinvestment if applicable, and (ii) the difference between the Company’s share price at the end of each fiscal year shown and the beginning of the measurement period, and the beginning of the measurement period by (b) the Company’s share price at the beginning of the measurement period. The beginning of the measurement period for each year in the table is January 1, 2021.

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(6)

The peer group used for the TSR calculation is the same peer group used by the Compensation Committee as the primary reference point to assess the competitiveness of compensation awarded to our NEOs, as described in the Compensation Discussion and Analysis above. The issuers comprising this peer group are described in “Executive Compensation — Compensation Discussion and Analysis — Use of Market Data” above. The issuers comprising this peer group have been updated from year to year to reflect changes in market cap and financials. Changes to the 2023 compensation peer group for compensation decisions made in 2023 are described in “Executive Compensation — Compensation Discussion and Analysis — Use of Market Data” above. Using the 2023 compensation peer group, the peer group TSR for 2024 would have been $ 196.

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(7)

Represents the amount of net income reflected in the Company’s audited financial statements for the applicable year.

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(8)

Adjusted EBITDA is a non-GAAP financial measure. Adjust