TH

SEC source: 0001712189-23-000031 · form4.xml · nonDerivative · entry 2

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,320,733

F2 · price: Restricted stock units withheld for payment of tax liability upon vesting of 11,543 RSUs on 05/21/2023. Stock price reflects closing stock price as of May 19, 2023, the last business day prior to vest.

SEC source: 0001712189-23-000031 · form4.xml · nonDerivative · entry 1

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,325,275

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: 0001104659-23-063138 · tm2316359-1_4seq1.xml · derivative · entry 3

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

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

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

MFA Limited Partnership SLP · CIK 0001765696 · 10% owner

MFA 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: No plan indicated

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

Disclosed balance after: 10,288

Underlying: Common Stock · 10,288 shares

Expires not disclosed

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.

F5 · kind: 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.

F3 · derivative.exercise_date: On May 18, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD").

F4 · derivative.exercise_date: On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

F3 · derivative.expiration_date: On May 18, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD").

F4 · derivative.expiration_date: On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

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: MFA Holding S.a r.l. ("MFA Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with MFA Holdings and MFA Global, the "MFA Entities"), which is the controlling shareholder of MFA Global. TDR Capital II Investments LP, as the controlling shareholder of MFA Holdings, may be deemed the beneficial owner of the securities of the Issuer held by MFA 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 MFA 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 MFA 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: 0001104659-23-063138 · tm2316359-1_4seq1.xml · derivative · entry 2

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

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

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

MFA Limited Partnership SLP · CIK 0001765696 · 10% owner

MFA 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: No plan indicated

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

Disclosed balance after: 0

Underlying: Common Stock · 39,370 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, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD").

F4 · derivative.exercise_date: On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

F3 · derivative.expiration_date: On May 18, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD").

F4 · derivative.expiration_date: On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the BOD.

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: MFA Holding S.a r.l. ("MFA Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with MFA Holdings and MFA Global, the "MFA Entities"), which is the controlling shareholder of MFA Global. TDR Capital II Investments LP, as the controlling shareholder of MFA Holdings, may be deemed the beneficial owner of the securities of the Issuer held by MFA 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 MFA 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 MFA 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: 0001104659-23-063138 · tm2316359-1_4seq1.xml · nonDerivative · entry 1

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

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

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

MFA Limited Partnership SLP · CIK 0001765696 · 10% owner

MFA 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: No plan indicated

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

Disclosed balance after: 64,602,717

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 MFA Global S.a r.l. ("MFA Global") and (ii) 48,973,852 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: MFA Holding S.a r.l. ("MFA Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with MFA Holdings and MFA Global, the "MFA Entities"), which is the controlling shareholder of MFA Global. TDR Capital II Investments LP, as the controlling shareholder of MFA Holdings, may be deemed the beneficial owner of the securities of the Issuer held by MFA 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 MFA 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 MFA 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: 0001712189-23-000038 · form4.xml · derivative · entry 4

PATENAUDE PAMELA H. · CIK 0001815221 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000038 · form4.xml · derivative · entry 3

PATENAUDE PAMELA H. · CIK 0001815221 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000038 · form4.xml · nonDerivative · entry 1

PATENAUDE PAMELA H. · CIK 0001815221 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,461

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: 0001712189-23-000030 · form4.xml · derivative · entry 3

Berry Joy Anne · CIK 0001813037 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 shares

Expires not disclosed

F1 · derivative.exercise_price: 1. 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 18, 2023, the Reporting Person was granted 7,888 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 the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the BOD.

F2 · derivative.expiration_date: On May 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 18, 2023, the Reporting Person was granted 7,888 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 the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the BOD.

SEC source: 0001712189-23-000030 · form4.xml · derivative · entry 2

Berry Joy Anne · CIK 0001813037 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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: 1. 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 18, 2023, the Reporting Person was granted 7,888 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 the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the BOD.

F2 · derivative.expiration_date: On May 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the Board of Directors of the Issuer ("BOD"). On May 18, 2023, the Reporting Person was granted 7,888 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 the award agreement. Subject to certain exceptions, a certain portion of vested shares will be delivered upon separation of service from the BOD.

SEC source: 0001712189-23-000030 · form4.xml · nonDerivative · entry 1

Berry Joy Anne · CIK 0001813037 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,214

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: 1. 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: 0001712189-23-000025 · form4.xml · derivative · entry 4

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: No plan indicated

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

Disclosed balance after: 10,288

Underlying: Common Stock · 10,288 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.

F4 · kind: 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.

F3 · derivative.exercise_date: On May 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F3 · derivative.expiration_date: On May 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F5 · 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.

F6 · ownership.nature: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with Modulaire Holdings and MFA Global, the "Modulaire Entities"), which is the controlling shareholder of MFA 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 MFA 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 MFA 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.

F7 · 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: 0001712189-23-000025 · form4.xml · derivative · entry 3

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,288

Underlying: Common Stock · 10,288 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.

F3 · derivative.exercise_date: On May 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F3 · derivative.expiration_date: On May 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

SEC source: 0001712189-23-000025 · form4.xml · derivative · entry 2

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 39,370 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 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F3 · derivative.expiration_date: On May 19, 2022, Stephen Robertson was granted 39,370 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 (as amended, the "Plan") and the award agreements entered into between the Issuer and Mr. Robertson. On May 18, 2023, Mr. Robertson was granted 10,288 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 Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

SEC source: 0001712189-23-000025 · form4.xml · nonDerivative · entry 1

Robertson Stephen · CIK 0001409360 · Director · 10% owner

10b5-1 filing: No plan indicated

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

Disclosed balance after: 64,777,717

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 MFA Global S.a r.l. ("MFA Global") and Arrow Holding S.a r.l ("Arrow").

F5 · 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.

F6 · ownership.nature: Modulaire Holding S.a r.l. ("Modulaire Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with Modulaire Holdings and MFA Global, the "Modulaire Entities"), which is the controlling shareholder of MFA 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 MFA 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 MFA 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.

F7 · 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: 0001712189-23-000026 · form4.xml · derivative · entry 3

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000026 · form4.xml · derivative · entry 2

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000026 · form4.xml · nonDerivative · entry 1

SAGANSKY JEFFREY · CIK 0001207119 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,756,335

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: 0001712189-23-000028 · form4.xml · derivative · entry 3

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000028 · form4.xml · derivative · entry 2

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000028 · form4.xml · nonDerivative · entry 1

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 138,551

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: 0001712189-23-000029 · form4.xml · derivative · entry 3

Faulkenberry Barbara J · CIK 0001662529 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. On May 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. On May 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000029 · form4.xml · derivative · entry 2

Faulkenberry Barbara J · CIK 0001662529 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. On May 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (the "Plan") and the award agreement. On May 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000029 · form4.xml · nonDerivative · entry 1

Faulkenberry Barbara J · CIK 0001662529 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,197

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: 0001712189-23-000027 · form4.xml · derivative · entry 3

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,888

Underlying: Common Stock · 7,888 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 May 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000027 · form4.xml · derivative · entry 2

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,110 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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 19, 2022, the Reporting Person was granted 18,110 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, as amended (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 18, 2023, the Reporting Person was granted 7,888 RSUs which vest in full on the first anniversary of the grant date of, 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: 0001712189-23-000027 · form4.xml · nonDerivative · entry 1

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,971

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: 0001140361-23-013079 · form4.xml · derivative · entry 4

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,365

Underlying: Common Stock · 20,000 shares

Expires 2030-03-04

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.

F3 · derivative.exercise_date: The options reported in this footnote 3 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Target Hospitality 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 "Option Award Agreement"). The options reported in this footnote 3 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 Option Award Agreement.

SEC source: 0001140361-23-013079 · form4.xml · nonDerivative · entry 3

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,248

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.68 to $16.75, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 2 to this Form 4.

SEC source: 0001140361-23-013079 · form4.xml · nonDerivative · entry 2

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,248

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.58, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 1 to this Form 4.

SEC source: 0001140361-23-013079 · form4.xml · nonDerivative · entry 1

Vlacich Jason Paul · CIK 0001763039 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,248

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.

SEC source: 0001140361-23-013082 · form4.xml · derivative · entry 3

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 126,382

Underlying: Common Stock · 2,190 shares

Expires 2030-03-04

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.

F3 · derivative.exercise_date: The options reported in this footnote 3 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Target Hospitality 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 "Option Award Agreement"). The options reported in this footnote 3 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 Option Award Agreement.

SEC source: 0001140361-23-013082 · form4.xml · nonDerivative · entry 2

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 81,134

F1 · kind: Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.56, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 2 to this Form 4.

SEC source: 0001140361-23-013082 · form4.xml · nonDerivative · entry 1

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 83,324

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 · kind: Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.

SEC source: 0001140361-23-012565 · form4.xml · derivative · entry 3

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,841

Underlying: Common Stock · 19,841 shares

Expires 2030-03-04

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_date: 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 Hospitality 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.

SEC source: 0001140361-23-012565 · form4.xml · nonDerivative · entry 2

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,520

SEC source: 0001140361-23-012565 · form4.xml · nonDerivative · entry 1

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,505

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.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · derivative · entry 7

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 128,572

Underlying: Common Stock · 50,000 shares

Expires 2030-03-04

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 · kind: Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.

F6 · derivative.exercise_date: The options reported in this footnote 6 represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Target Hospitality 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 "Option Award Agreement"). The options reported in this footnote 6 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 Option Award Agreement.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 6

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,134

F2 · kind: Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 5

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131,134

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 · kind: Exercise and sale pursuant to 10b5-1 plan entered into January 5, 2023.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 4

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,134

F1 · kind: Sale pursuant to 10b5-1 plan entered into January 5, 2023.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.99 to $17.78, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 5 to this Form 4.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 3

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,510

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.27 to $17.42, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 4 to this Form 4.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 2

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,510

SEC source: 0001567619-23-005120 · doc1.xml · derivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,206

Underlying: Common Stock · 112,275 shares

Expires 2029-05-21

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_date: 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

SEC source: 0001567619-23-005120 · doc1.xml · derivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,426

Underlying: Common Stock · 297,760 shares

Expires 2030-03-04

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_date: 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

SEC source: 0001567619-23-005120 · doc1.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,313,732

SEC source: 0001567619-23-005120 · doc1.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,401,052

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.

SEC source: 0001567619-23-005120 · doc1.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,288,777

SEC source: 0001567619-23-005120 · doc1.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,453,638

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.

SEC source: 0001104659-23-032806 · tm239672-1_4seq1.xml · nonDerivative · entry 1

Kalamaras Eric · CIK 0001472318 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,260

F1 · kind: Sale pursuant to 10b5-1 plan entered into January 5, 2023.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.99 to $17.24, inclusive. The Reporting Person undertakes to provide to 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 separate price within the range set forth in this footnote 3 to this Form 4.