Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 42

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 42
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 date. (4) Represents the grant date fair value of RSUs and PSUs computed in accordance with FASB ASC Topic 718. The grant date fair value for relative TSR component of the PSU awards granted in 2024 is based upon the probable outcome of the performance condition as of the grant date and is calculated using a Monte Carlo simulation in accordance with FASB ASC Topic 718. additional information regarding the assumptions used in such valuations may be found in Note 17 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2024.

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TABLE OF CONTENTS EXECUTIVE COMPENSATION

Outstanding Equity Awards at 2024 Fiscal Year-End The following table and footnotes present certain information concerning outstanding equity awards held by our NEOs as of December 31, 2024. The vesting schedules for awards are described in the footnotes to the table, and the vesting date for each award can be determined by referring to the grant date for each award.

| ​ | ​                    | ​ | ​            | ​         | ​ | ​         | ​ | ​ |       ​ | Option/SAR Awards                                                |   |   |   |   |   |                                                                    |   |   |   |   |   |                                                                                       |   |   |   |   |       |                        |   |   |   |   |         |                      |   |   |   | ​ |       ​ | Stock Awards                                             |   |         |   |   |           |                                                               |   |         |   |   |         |                                                                                                   |   |         |   |   |           |                                                                                                                  |   |         |   | ​ |
| ​ | Name                 | ​ | ​            | GrantDate |   |           |   | ​ |       ​ | Number ofSecuritiesUnderlyingUnexercisedOptionsExercisable(1)(#) |   |   |   | ​ | ​ | Number ofSecuritiesUnderlyingUnexercisedOptionsUnexercisable(1)(#) |   |   |   | ​ | ​ | EquityIncentivePlan Awards:Number ofSecuritiesUnderlyingUnexercisedUnearnedOptions(#) |   |   |   | ​ |     ​ | OptionExercisePrice($) |   |   |   | ​ | ​       | Option