TH

SEC source: 0001567619-22-011404 · doc1.xml · derivative · entry 2

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

F2 · derivative.expiration_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

SEC source: 0001567619-22-011404 · doc1.xml · nonDerivative · entry 1

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,571,225

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-22-011400 · doc1.xml · derivative · entry 2

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

F2 · derivative.expiration_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

SEC source: 0001567619-22-011400 · doc1.xml · nonDerivative · entry 1

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,441

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-22-011399 · doc1.xml · derivative · entry 2

Faulkenberry Barbara J · CIK 0001662529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 22,087 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On August 4, 2021, the Reporting Person was granted 22,087 restricted stock units ("RSUs") which vest in full on May 18, 2022 or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement.

F2 · derivative.expiration_date: On August 4, 2021, the Reporting Person was granted 22,087 restricted stock units ("RSUs") which vest in full on May 18, 2022 or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement.

SEC source: 0001567619-22-011399 · doc1.xml · nonDerivative · entry 1

Faulkenberry Barbara J · CIK 0001662529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,087

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-22-011402 · doc1.xml · derivative · entry 2

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,861 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On January 3, 2022, the Reporting Person was granted 10,861 restricted stock units ("RSUs") which vest in full on May 18, 2022 or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

F2 · derivative.expiration_date: On January 3, 2022, the Reporting Person was granted 10,861 restricted stock units ("RSUs") which vest in full on May 18, 2022 or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 19, 2022, the Reporting Person was granted 18,110 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

SEC source: 0001567619-22-011402 · doc1.xml · nonDerivative · entry 1

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,861

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-22-006993 · doc1.xml · nonDerivative · entry 1

Kelley John Travis · CIK 0001860232 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,091

SEC source: 0001567619-22-006991 · doc1.xml · nonDerivative · entry 1

Schrenk Troy C. · CIK 0001763047 · Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,383

SEC source: 0001567619-22-007144 · doc1.xml · nonDerivative · entry 1

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,532,763

F1 · kind: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), reported on this Form 4 were placed in escrow pursuant to the terms of a previously disclosed earnout agreement (the "Earnout Agreement") that was entered into by and among the Issuer, Harry E. Sloan, Eli Baker and the reporting person on March 15, 2019 in connection with the consummation of a certain business combination and other transactions. While such shares were held in escrow, the reporting person did not have the ability to transfer or vote such shares.

F2 · kind: Pursuant to the terms of the Earnout Agreement, on March 15, 2022, the Earnout Agreement automatically terminated and the shares of Common Stock reported on this Form 4 were returned to the Issuer to be held in treasury.

F1 · price: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), reported on this Form 4 were placed in escrow pursuant to the terms of a previously disclosed earnout agreement (the "Earnout Agreement") that was entered into by and among the Issuer, Harry E. Sloan, Eli Baker and the reporting person on March 15, 2019 in connection with the consummation of a certain business combination and other transactions. While such shares were held in escrow, the reporting person did not have the ability to transfer or vote such shares.

F2 · price: Pursuant to the terms of the Earnout Agreement, on March 15, 2022, the Earnout Agreement automatically terminated and the shares of Common Stock reported on this Form 4 were returned to the Issuer to be held in treasury.

SEC source: 0001567619-22-006894 · doc1.xml · nonDerivative · entry 1

Archer James B. · CIK 0001763054 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,222,798

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.46 to $5.89, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001567619-22-006534 · doc1.xml · derivative · entry 3

Kelley John Travis · CIK 0001860232 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,235

Underlying: Common Stock · 5,353 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 62,292 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 62,292 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · balance_after: Total includes unvested RSUs from the following grants: 62,292 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006534 · doc1.xml · nonDerivative · entry 2

Kelley John Travis · CIK 0001860232 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,691

F2 · price: Stock price reflects closing stock as of March 4, 2022.

SEC source: 0001567619-22-006534 · doc1.xml · nonDerivative · entry 1

Kelley John Travis · CIK 0001860232 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,044

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

SEC source: 0001567619-22-006537 · doc1.xml · derivative · entry 3

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 112,777

Underlying: Common Stock · 5,353 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006537 · doc1.xml · nonDerivative · entry 2

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,454

F2 · price: Stock price reflects closing stock price as of March 4, 2022.

SEC source: 0001567619-22-006537 · doc1.xml · nonDerivative · entry 1

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,807

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

SEC source: 0001567619-22-006539 · doc1.xml · derivative · entry 3

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 112,777

Underlying: Common Stock · 5,353 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 49,834 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 49,834 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · balance_after: Total includes unvested RSUs from the following grants: 49,834 RSUs granted on February 24, 2022 which vest in fair equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 47,619 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006539 · doc1.xml · nonDerivative · entry 2

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,608

F2 · price: Stock price reflects closing stock price as of March 4, 2022.

SEC source: 0001567619-22-006539 · doc1.xml · nonDerivative · entry 1

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,961

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 5,353 restricted stock units in cash.

SEC source: 0001567619-22-006530 · doc1.xml · derivative · entry 3

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 348,909

Underlying: Common Stock · 16,060 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 16,060 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 149,502 RSUs granted on February 24, 2022 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 RSUs granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 149,502 RSUs granted on February 24, 2022 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 RSUs granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · balance_after: Total includes unvested RSUs from the following grants: 149,502 RSUs granted on February 24, 2022 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 RSUs granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006530 · doc1.xml · nonDerivative · entry 2

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,943

F2 · price: Stock price reflects closing stock price as of March 4, 2022.

SEC source: 0001567619-22-006530 · doc1.xml · nonDerivative · entry 1

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 164,003

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 16,060 restricted stock units in cash.

SEC source: 0001567619-22-006532 · doc1.xml · derivative · entry 3

Schrenk Troy C. · CIK 0001763047 · Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 221,772

Underlying: Common Stock · 5,353 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle the 5,353 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 95,238 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 32,318 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 95,238 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 32,318 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · balance_after: Total includes unvested RSUs from the following grants: 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 95,238 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 32,318 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006532 · doc1.xml · nonDerivative · entry 2

Schrenk Troy C. · CIK 0001763047 · Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,383

F2 · price: Stock price reflects closing stock price as of March 4, 2022.

SEC source: 0001567619-22-006532 · doc1.xml · nonDerivative · entry 1

Schrenk Troy C. · CIK 0001763047 · Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,736

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle the 5,353 restricted stock units in cash.

SEC source: 0001567619-22-006529 · doc1.xml · derivative · entry 3

Archer James B. · CIK 0001763054 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 563,882

Underlying: Common Stock · 26,767 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 26,767 restricted stock units in cash.

F3 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 238,095 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 107,067 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 46,169 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 238,095 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 107,067 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 46,169 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

F3 · balance_after: Total includes unvested RSUs from the following grants: 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023; 238,095 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 107,067 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 46,169 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-006529 · doc1.xml · nonDerivative · entry 2

Archer James B. · CIK 0001763054 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,187,122

F2 · price: Stock price reflects closing stock price as of March 4, 2022.

SEC source: 0001567619-22-006529 · doc1.xml · nonDerivative · entry 1

Archer James B. · CIK 0001763054 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,213,889

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On February 23, 2022, the Compensation Committee of the Issuer's Board of Directors elected to settle 26,767 restricted stock units in cash.

SEC source: 0001567619-22-005785 · doc1.xml · derivative · entry 1

Kelley John Travis · CIK 0001860232 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,588

Underlying: Common Stock · 62,292 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 62,292 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 62,292 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 62,292 RSUs on February 24, 2022, unvested RSUs from the following grants: 47,619 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 9,234 RSUs granted on May 21, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on May 21, 2020. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan.

SEC source: 0001567619-22-005786 · doc1.xml · derivative · entry 1

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,130

Underlying: Common Stock · 49,834 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 49,834 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 49,834 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 49,834 RSUs on February 24, 2022, unvested RSUs from the following grants: 47,619 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 restricted stock units granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 4, 2021 and 9,234 restricted stock units granted on May 21, 2019 which vest in four equal annual 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 the Restricted Stock Unit Award Agreements entered into between the Issuer and the Reporting Person.

SEC source: 0001567619-22-005788 · doc1.xml · derivative · entry 1

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,130

Underlying: Common Stock · 49,834 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 49,834 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 49,834 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 49,834 RSUs on February 24, 2022, unvested RSUs from the following grants: 47,619 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 restricted stock units granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 4, 2021 and 9,234 restricted stock units granted on May 21, 2019 which vest in four equal annual 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 the Restricted Stock Unit Award Agreements entered into between the Issuer and the Reporting Person.

SEC source: 0001567619-22-005782 · doc1.xml · derivative · entry 1

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 364,969

Underlying: Common Stock · 149,502 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 149,502 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 149,502 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 149,502 RSUs on February 24, 2022, unvested RSUs from the following grants: 142,857 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 restricted stock units granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 4, 2021 and 48,860 restricted stock units granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020, subject to the terms and conditions of the Plan and the Restricted Stock Unit Award Agreements entered into between the Issuer and the Reporting Person.

SEC source: 0001567619-22-005784 · doc1.xml · derivative · entry 1

Schrenk Troy C. · CIK 0001763047 · Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,125

Underlying: Common Stock · 99,668 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 99,668 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 99,668 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 99,668 RSUs on February 24, 2022, unvested RSUs from the following grants: 95,238 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 21,414 restricted stock units granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 4, 2021 and 32,318 restricted stock units granted on May 21, 2019 which vest in four equal annual 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 the Restricted Stock Unit Award Agreements entered into between the Issuer and the Reporting Person.

SEC source: 0001567619-22-005781 · doc1.xml · derivative · entry 1

Archer James B. · CIK 0001763054 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 590,649

Underlying: Common Stock · 249,169 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 249,169 restricted stock units which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 24, 2022, the Reporting Person was granted by the Compensation Committee 249,169 restricted stock units which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 24, 2023, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between Issuer and the Reporting Person.

F3 · balance_after: Total includes in addition to the grant of 249,169 RSUs on February 24, 2022, unvested RSUs from the following grants: 238,095 restricted stock units granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 107,067 restricted stock units granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning March 4, 2021 and 46,169 restricted stock units granted on May 21, 2019 which vest in four equal annual 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 the Restricted Stock Unit Award Agreements entered into between the Issuer and the Reporting Person.

SEC source: 0001567619-22-000557 · doc1.xml · derivative · entry 1

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,861

Underlying: Common Stock · 10,861 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On January 3, 2022, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 10,861 RSUs which vest in full on May 18, 2022 or, if earlier, the date of the 2022 annual meeting of the stockholders of the Issuer, subject to Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors.

F2 · derivative.expiration_date: On January 3, 2022, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 10,861 RSUs which vest in full on May 18, 2022 or, if earlier, the date of the 2022 annual meeting of the stockholders of the Issuer, subject to Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors.

SEC source: 0001567619-22-000249 · doc1.xml · derivative · entry 2

STUDDERT ANDREW P · CIK 0001053465 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. On December 6, 2021, Reporting Person submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted on May 18, 2021.

F2 · derivative.expiration_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. On December 6, 2021, Reporting Person submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted on May 18, 2021.

SEC source: 0001567619-22-000249 · doc1.xml · nonDerivative · entry 1

STUDDERT ANDREW P · CIK 0001053465 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 236,094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001104659-22-000971 · tm2136526-1_4seq1.xml · derivative · entry 2

TDR Capital II Investments LP · CIK 0001771172 · 10% owner

Arrow Holdings S.a.r.l. · CIK 0001767017 · 10% owner

Modulaire Holding S.a.r.l. · CIK 0001766820 · 10% owner

Modulaire Limited Partnership SLP · CIK 0001765696 · 10% owner

Modulaire Global S.a.r.l. · CIK 0001766340 · 10% owner

TDR Capital LLP · CIK 0001408159 · 10% owner

DALE MANJIT · CIK 0001113203 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Arrow Holdings S.a r.l.

Disclosed balance after: 96,154

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · derivative.exercise_date: On May 18, 2021, Gary Lindsay was granted 38,462 RSUs, which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement entered into between the Issuer and Mr. Lindsay. Immediately following such grant of RSUs, Mr. Lindsay transferred the RSUs to Arrow, which holds certain securities of the Issuer on behalf of TDR Capital II Holdings LP, the investment fund managed by TDR Capital LLP. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F4 · derivative.exercise_date: On December 6, 2021, Mr. Lindsay submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred percent (100%) of the 38,462 RSUs granted to Mr. Lindsay on May 18, 2021.

F3 · derivative.expiration_date: On May 18, 2021, Gary Lindsay was granted 38,462 RSUs, which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement entered into between the Issuer and Mr. Lindsay. Immediately following such grant of RSUs, Mr. Lindsay transferred the RSUs to Arrow, which holds certain securities of the Issuer on behalf of TDR Capital II Holdings LP, the investment fund managed by TDR Capital LLP. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F4 · derivative.expiration_date: On December 6, 2021, Mr. Lindsay submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred percent (100%) of the 38,462 RSUs granted to Mr. Lindsay on May 18, 2021.

F5 · balance_after: Total reflects 96,154 RSUs granted to Stephen Robertson on May 18, 2021 that vest in full on the first anniversary of the grant date, or if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the Plan and the award agreement entered into between the Issuer and Mr. Robertson. Immediately following such grant, Mr. Robertson transferred the RSUs to Arrow. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F6 · ownership.nature: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow.

F7 · ownership.nature: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of Modulaire Limited Partnership SLP ("Modulaire SLP" and together with Modulaire Holdings and Modulaire Global, the "Modulaire Entities"), which is the controlling shareholder of Modulaire Global. TDR Capital II Investments LP, as the controlling shareholder of Modulaire Holdings, may be deemed the beneficial owner of the securities of the Issuer held by Modulaire Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and Modulaire Global. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such securities of the Issuer held by Arrow and Modulaire Holdings.

F8 · ownership.nature: Each of TDR Capital II Investments LP, TDR Capital LLP, Stephen Robertson and Manjit Dale (the "TDR Persons") may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons are the beneficial owners of any of the securities reported herein.

SEC source: 0001104659-22-000971 · tm2136526-1_4seq1.xml · nonDerivative · entry 1

TDR Capital II Investments LP · CIK 0001771172 · 10% owner

Arrow Holdings S.a.r.l. · CIK 0001767017 · 10% owner

Modulaire Holding S.a.r.l. · CIK 0001766820 · 10% owner

Modulaire Limited Partnership SLP · CIK 0001765696 · 10% owner

Modulaire Global S.a.r.l. · CIK 0001766340 · 10% owner

TDR Capital LLP · CIK 0001408159 · 10% owner

DALE MANJIT · CIK 0001113203 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Arrow Holdings S.a r.l. and Modulaire Global S.a r.l.

Disclosed balance after: 65,023,311

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · balance_after: Includes (i) 15,628,865 shares of Common Stock held by Modulaire Global S.a r.l. ("Modulaire Global") and (ii) 49,394,446 shares of Common Stock held by Arrow Holdings S.a r.l. ("Arrow")

F6 · ownership.nature: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow.

F7 · ownership.nature: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of Modulaire Limited Partnership SLP ("Modulaire SLP" and together with Modulaire Holdings and Modulaire Global, the "Modulaire Entities"), which is the controlling shareholder of Modulaire Global. TDR Capital II Investments LP, as the controlling shareholder of Modulaire Holdings, may be deemed the beneficial owner of the securities of the Issuer held by Modulaire Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and Modulaire Global. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such securities of the Issuer held by Arrow and Modulaire Holdings.

F8 · ownership.nature: Each of TDR Capital II Investments LP, TDR Capital LLP, Stephen Robertson and Manjit Dale (the "TDR Persons") may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons are the beneficial owners of any of the securities reported herein.

SEC source: 0001567619-22-000247 · doc1.xml · derivative · entry 2

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Arrow Holdings S.a.r.l.

Disclosed balance after: 96,154

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · derivative.exercise_date: On May 18, 2021, Gary Lindsay was granted 38,462 restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Immediately following such grant of RSUs, Mr. Lindsay transferred the RSUs to Arrow, which holds certain securities of the Issuer on behalf of TDR Capital II Holdings LP, the investment fund managed by TDR Capital LLP. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F4 · derivative.exercise_date: On December 6, 2021, Mr. Lindsay submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted to Mr. Lindsay on May 18, 2021.

F3 · derivative.expiration_date: On May 18, 2021, Gary Lindsay was granted 38,462 restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. Immediately following such grant of RSUs, Mr. Lindsay transferred the RSUs to Arrow, which holds certain securities of the Issuer on behalf of TDR Capital II Holdings LP, the investment fund managed by TDR Capital LLP. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F4 · derivative.expiration_date: On December 6, 2021, Mr. Lindsay submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted to Mr. Lindsay on May 18, 2021.

F5 · balance_after: Total reflects 96,154 RSUs granted to Stephen Robertson on May 18, 2021 that vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the Plan and the award agreement entered into between the Issuer and Mr. Robertson. Immediately following such grant, Mr. Robertson transferred the RSUs to Arrow. Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F6 · ownership.direct: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow.

F7 · ownership.direct: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of Modulaire Limited Partnership SLP ("Modulaire SLP" and together with Modulaire Holdings and Modulaire Global, the "Modulaire Entities"), which is the controlling shareholder of Modulaire Global. TDR Capital II Investments LP, as the controlling shareholder of Modulaire Holdings, may be deemed the beneficial owner of the securities of the Issuer held by Modulaire Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and Modulaire Global. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such securities of the Issuer held by Arrow and Modulaire Holdings.

F8 · ownership.direct: Each of TDR Capital II Investments LP, TDR Capital LLP, Stephen Robertson and Manjit Dale (the "TDR Persons") may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons are the beneficial owners of any of the securities reported herein.

SEC source: 0001567619-22-000247 · doc1.xml · nonDerivative · entry 1

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 65,198,311

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · balance_after: Includes 175,000 shares of Common Stock owned directly by the Reporting Person following the Reported Transaction. The remaining shares of Common Stock beneficially owned following the Reported Transaction are held by Modulaire.Global S.a r.l. ("Modulaire Global") and Arrow Holding S.a r.l ("Arrow").

F6 · ownership.nature: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow.

F7 · ownership.nature: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of Modulaire Limited Partnership SLP ("Modulaire SLP" and together with Modulaire Holdings and Modulaire Global, the "Modulaire Entities"), which is the controlling shareholder of Modulaire Global. TDR Capital II Investments LP, as the controlling shareholder of Modulaire Holdings, may be deemed the beneficial owner of the securities of the Issuer held by Modulaire Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and Modulaire Global. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such securities of the Issuer held by Arrow and Modulaire Holdings.

F8 · ownership.nature: Each of TDR Capital II Investments LP, TDR Capital LLP, Stephen Robertson and Manjit Dale (the "TDR Persons") may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons are the beneficial owners of any of the securities reported herein.

SEC source: 0001567619-22-000245 · doc1.xml · derivative · entry 2

Baker Eli · CIK 0001615015 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 38,462 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. On December 6, 2021, Reporting Person submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted on May 18, 2021.

F2 · derivative.expiration_date: On May 18, 2021, the Reporting Person was granted 38,462 restricted stock units ("RSUs") which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan (the "Plan") and the award agreement. On December 6, 2021, Reporting Person submitted his notice to resign from the Issuer's Board of Directors (the "Board") effective December 31, 2021. On December 7, 2021 and as permitted by the Plan, the Board approved the accelerated vesting of one hundred present (100%) of the 38,462 RSUs granted on May 18, 2021.

SEC source: 0001567619-22-000245 · doc1.xml · nonDerivative · entry 1

Baker Eli · CIK 0001615015 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 924,941

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-21-017451 · doc1.xml · derivative · entry 1

PATENAUDE PAMELA H. · CIK 0001815221 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,351

Underlying: Common Stock · 17,351 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On September 20, 2021, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 17,351 RSUs which vest in full on May 18, 2022 or, if earlier, the date of the 2022 annual meeting of the stockholders of the Issuer, subject to Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors.

F2 · derivative.expiration_date: On September 20, 2021, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 17,351 RSUs which vest in full on May 18, 2022 or, if earlier, the date of the 2022 annual meeting of the stockholders of the Issuer, subject to Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors.

SEC source: 0001567619-21-017594 · doc1.xml · derivative · entry 3

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,467

Underlying: Common Stock · 12,215 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F4 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 restricted stock units granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Plan and RSU Agreements.

F4 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 restricted stock units granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Plan and RSU Agreements.

F4 · balance_after: Total includes unvested RSUs from the following grants: 142,857 RSUs granted on February 25, 2021 which vest 50% on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date; 64,240 RSUs granted on March 4, 2020 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on March 4, 2021; and 48,860 restricted stock units granted on September 3, 2019 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning on September 3, 2020. Awards are subject to the terms and conditions of the Target Hospitality Corp. 2019 Incentive Plan and RSU Agreements.

SEC source: 0001567619-21-017594 · doc1.xml · nonDerivative · entry 2

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,943

F1 · date: Late filing due to administrative error

F3 · price: Restricted stock units withheld for payment of tax liability upon vesting of 12,215 restricted stock units. Stock price reflects closing stock price as of September 3, 2021.

SEC source: 0001567619-21-017594 · doc1.xml · nonDerivative · entry 1

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,917

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · date: Late filing due to administrative error

F2 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001567619-21-016223 · doc1.xml · nonDerivative · entry 1

STUDDERT ANDREW P · CIK 0001053465 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 197,632

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.42 to $3.58, inclusive. The reporting person undertakes to provide Target Hospitality Corp., any security holder of Target Hospitality Corp., or the Staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.