X0508 4 2023-09-01 0001712189 Target Hospitality Corp. TH 0001763039 Vlacich Jason Paul 9320 LAKESIDE BLVD., STE 300 THE WOODLANDS TX 77381 true Chief Accounting Officer true Common Stock, par value $0.0001 per share 2023-09-01 4 M 0 2319 10.83 A 24999 D Common Stock, par value $0.0001 per share 2023-09-01 4 S 0 2319 16.06 D 22680 D Common Stock, par value $0.0001 per share 2023-09-01 4 M 0 2205 4.51 A 24885 D Common Stock, par value $0.0001 per share 2023-09-01 4 S 0 2205 16.06 D 22680 D Common Stock, par value $0.0001 per share 2023-09-01 4 S 0 327 16.08 D 22353 D Employee Stock Options (right to buy) 10.83 2023-09-01 4 M 0 2319 0 D 2029-05-21 Common Stock 2319 419 D Employee Stock Options (right to buy) 4.51 2023-09-01 4 M 0 2205 0 D 2030-03-04 Common Stock 2205 20212 D Exercise and sale pursuant to 10b5-1 plan entered into on March 20, 2023. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.26, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.26, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in column 4 is a weighted average price. These shares were sold on 09/01/23 in multiple transactions at prices ranging from $16.00 - $16.19, inclusive. The reporting person undertakes to provide Target Hospitality Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The options in this Footnote 5 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 May 21, 2019. The options reported in this Footnote 5 vested in equal installments on each of the first four anniversaries of the grant date with the last vesting on May 21, 2023. The options in this Footnote 6 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 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 the Option Award Agreement. /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Jason Vlacich 2023-09-06