SEC Form 4 · accession 0001144204-18-002702
Target Hospitality Corp. · TH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fredric D Rosen
Director
Period of report
Jan 17, 2018
Accepted (ET)
Jan 18, 2018 · 7:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001712189
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement WarrantsF1,F2,F3 | $11.50 | Jan 17, 2018 | A | 266,666 | A | — | — | Class A Ordinary Shares | 266,666 | 266,666 | D |
| Private Placement WarrantsF1,F2,F3 | $11.50 | Jan 17, 2018 | A | 33,334 | A | — | — | Class A Ordinary Shares | 33,334 | 33,334 | I |
| Private Placement WarrantsF1,F2,F3 | $11.50 | Jan 17, 2018 | A | 33,334 | A | — | — | Class A Ordinary Shares | 33,334 | 33,334 | I |
Explanation of responses
- F1Each Private Placement Warrant ("PPW") is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment as described under the headings "Description of Securities-Warrants-Private Placement Warrants" and "Description of Securities-Warrants-Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
- F2The PPWs become exercisable beginning on the later of January 17, 2019 or 30 days after the completion of the Issuer's initial business combination as described under the headings "Description of Securities-Warrants-Private Placement Warrants" and "Description of Securities-Warrants-Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
- F3The PPWs will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation as described under the headings "Description of Securities--Warrants-Private Placement Warrants" and "Description of Securities--Warrants-Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).