# EDGAR Filing Document

**Accession Number:** 0001712189
**File Stem:** 0001567619-23-005120
**Filing Date:** 2023-3
**Character Count:** 7590
**Document Hash:** 9883c77802af0e31210ab3a354dfa1fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-005120.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001567619-23-005120

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230314

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Archer James B.
- **CENTRAL INDEX KEY:** 0001763054

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38343
- **FILM NUMBER:** 23737117

**MAIL ADDRESS:**
- **STREET 1:** C/O TARGET HOSPITALITY
- **STREET 2:** 2170 BUCKTHORNE PLACE, SUITE 440
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77380
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Target Hospitality Corp.
- **CENTRAL INDEX KEY:** 0001712189
- **STANDARD INDUSTRIAL CLASSIFICATION:** HOTELS, ROOMING HOUSE, CAMPS & OTHER LODGING PLACES [7000]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 9320 LAKESIDE BLVD.
- **STREET 2:** SUITE 300
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77381
- **BUSINESS PHONE:** 832 709-2563

**MAIL ADDRESS:**
- **STREET 1:** 9320 LAKESIDE BLVD.
- **STREET 2:** SUITE 300
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77381

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Platinum Eagle Acquisition Corp.
- **DATE OF NAME CHANGE:** 20170718

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Archer James B.<br><sub>(Last) (First) (Middle)</sub><br>9320 LAKESIDE BLVD.<br>SUITE 300<br><sub>(Street)</sub><br>THE WOODLANDS, TX 77381<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-14 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Target Hospitality Corp. [ TH ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock, par value $0.0001 per share | 2023-03-14 |  | M |  | 297620 | A | $4.51 | 1453638 | D |  |
| Common Stock, par value $0.0001 per share | 2023-03-14 |  | F |  | 164861 | D | $17.05 | 1288777 | D |  |
| Common Stock, par value $0.0001 per share | 2023-03-14 |  | M |  | 112275 | A | $10.83 | 1401052 | D |  |
| Common Stock, par value $0.0001 per share | 2023-03-14 |  | F |  | 87320 | D | $17.10 | 1313732 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Employee  Stock Option (right to buy) | $4.51 | 2023-03-14 |  | M |  |  | 297620 | <sup>(1)</sup> | 2030-03-04 | Common Stock | 297760 | $0.00 | 37426 | D |  |
| Employee  Stock Option (right to buy) | $10.83 | 2023-03-14 |  | M |  |  | 112275 | <sup>(2)</sup> | 2029-05-21 | Common Stock | 112275 | $0.00 | 99206 | D |  |

---

### Footnotes:

(1) The options reported in this footnote 1 represent the right upon vesting to. buy shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), pursuant to the terms and conditions of the Target l-Hospitallty Corp. 2019 Incentive Award Plan (as amended, the "Plan") and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 4, 2020 (the "2020 Option Award Agreement"). ?The options reported in this footnote 1 vest in equal installments on each of the first four anniversaries of the grant date beginning on March 4, 2021, subject to the terms and conditions of the Plan and 2020 Option Award Agreement

(2) The options reported in this footnote 2 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Plan and the Nonqualifled Stock Option Award Agreement entered Into between the Issuer and the Reporting Person as of May 21, 2019 (the "2019 Option Award Agreement"). The options reported In this footnote 2 vest in equal Installments on each of the first four _anniversaries of the grant date beginning on May 21, 2020, subject to the terms and conditions of the Plan and 2019 Option Award Agreement

**Signature:** /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of James B. Archer  
**Date:** 2023-03-16

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**