Sagansky Jeffrey's Form 4 filing
Target Hospitality Corp. (TH) · filed Dec 23, 2022
- Accession no.
- 0001567619-22-022006
- Filed
- Dec 23, 2022
- Trade date
- Dec 21-23, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.10M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sagansky JeffreyCIK 0001207119 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 21, 2022 | Common Stock, par value $0.0001 per share | SSaleDisposed | −100,000 | $15.45F1 | −$1,545,000 | 1,471,225 | Direct | |
| Dec 22, 2022 | Common Stock, par value $0.0001 per share | AGrant or awardAcquired | +370,000 | –F2 | – | 1,841,225 | Direct | |
| Dec 23, 2022 | Common Stock, par value $0.0001 per share | SSaleDisposed | −100,000 | $15.53F4 | −$1,553,000 | 1,741,225 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 22, 2022 | Common Stock | DReturned to the companyDisposed | −1,000,000 | –F2 | – | 866,666 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.73, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (1) on this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
The reporting person disposed of 1,000,000 Private Placement Warrants in exchange for 370,000 shares of the issuer's common stock, par value $0.0001 per share, in an issuer exchange offer.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.89, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range within the range set forth in this footnote (4) on this Form 4.
Referenced by the price of 1 transaction in Table I.