X0306 4 2020-03-15 0 0001712189 Target Hospitality Corp. TH 0001472318 Kalamaras Eric 2170 BUCKTHORNE PLACE SUITE 440 THE WOODLANDS TX 77380 0 1 0 0 EVP and CFO Common Stock, par value $0.0001 per share 2020-03-15 4 M 0 81434 A 117174 D Common Stock, par value $0.0001 per share 2020-03-15 4 F 0 19829 1.77 D 97345 D Restricted Stock Units 2020-03-15 4 M 0 81434 0.00 D Common Stock 81434 113100 D 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. Restricted stock units withheld for payment of tax liability upon vesting of 81,434 restricted stock units. Stock price reflects closing stock price as of Friday, March 13, 2020 as vesting occurred on Sunday, March 15, 2020. On March 4, 2020, the Reporting Person was granted 64,240 RSUs which vest in four equal annual 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 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. In addition, 48,860 restricted stock units were 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 Agreement entered into between the Issuer and the Reporting Person. /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Eric T. Kalamaras 2020-03-17