Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 30

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 30
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| ​ | Eric T. Kalamaras(1) | ​ | ​ | ​                         | ​ |       — | ​ | ​ | ​ | ​            | $ |       — | ​ | ​ | ​ | ​           | ​ |       — | ​ | ​ | ​ | ​            | $ |         — | ​ | ​ |
| ​ | Troy C. Schrenk      | ​ | ​ | ​                         | ​ |  29,008 | ​ | ​ | ​ | ​            | $ | 280,797 | ​ | ​ | ​ | ​           | ​ |  29,008 | ​ | ​ | ​ | ​            | $ |   336,203 | ​ | ​ |
| ​ | Heidi D. Lewis       | ​ | ​ | ​                         | ​ |  18,460 | ​ | ​ | ​ | ​            | $ | 178,693 | ​ | ​ | ​ | ​           | ​ |  18,460 | ​ | ​ | ​ | ​            | $ |   213,951 | ​ | ​ |
| ​ | Brendan Dowhaniuk(2) | ​ | ​ | ​                         | ​ |       — | ​ | ​ | ​ | ​            | $ |       — | ​ | ​ | ​ | ​           | ​ |       — | ​ | ​ | ​ | ​            | $ |         — | ​ | ​ |

(1) Mr. Kalamaras received no equity awards in 2024. (2) Excludes the RSUs granted to Mr. Dowhaniuk in connection with the commencement of his employment with the Company as described under “Employment and Separation Agreements.” (3) The number of RSUs and PSUs granted is based on a 10-day VWAP. 50% of the 2024 PSUs may be earned following the end of the three-year performance period running from January 1, 2024 through December 31, 2027 from 0% — 200% of target shares awarded based on the Company’s relative TSR performance measured against the TSR of the constituent companies in the Russell 2000 Index on the grant date. The other 50% of the 2024 PSUs may be earned from 0% to 200%

| ​ | 38 | ​ | ​ | ​ | investors.targethospitality.com | ​ |

TABLE OF CONTENTS COMPENSATION DISCUSSION & ANAL