X0306 4 2019-05-21 0 0001712189 Target Hospitality Corp. TH 0001763039 Vlacich Jason Paul 2170 BUCKTHORNE PLACE, SUITE 440 THE WOODLANDS TX 77380 0 1 0 0 Chief Accounting Officer Restricted Stock Units 2019-05-21 4 A 0 9234 0 A Common Stock 9234 9234 D Stock Options (right to buy) 10.83 2019-05-21 4 A 0 29941 0 A 2029-05-21 Common Stock 29941 29941 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. On May 21, 2019, the Reporting Person was granted 9,234 restricted stock units which vest in four equal annual installments on each of the first four anniversaries of the grant date, on May 21, 2020, 2021, 2022, and 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 the Issuer and the Reporting Person. The stock options (the "Options"), reported on this Form 4, represent the right upon vesting to buy shares of Common Stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of May 21, 2019 (the "Option Award Agreement"). The Options vest in equal installments on each of the first four anniversaries of the grant date, on May 21, 2020, 2021, 2022, and 2023, subject to the terms and conditions of the Plan and Option Award Agreement. /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Jason Vlacich 2019-05-23