Lisa M. Pate - Jun 2, 2021 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role: Trustee & Managing GP, 10%+ Owner
Signature: /s/ Lisa M. Pate, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol: USX
Transactions as of: Jun 2, 2021
Transactions value $: -$2,027,370
Form type: 4
Date filed: 3/24/2023, 04:44 PM
Next filing: Nov 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USX	Class A Common Stock	Sale	-$60K	-5K	-4.51%	$12.00	106K	Jun 2, 2021	Direct	F1
transaction	USX	Class A Common Stock	Sale	-$180K	-20K	-18.88%	$9.00	85.9K	Nov 22, 2021	Direct	F1
transaction	USX	Class A Common Stock	Sale	-$1.79M	-300K	-12.97%	$5.96	2.01M	Mar 22, 2023	Trustee	F2, F3, F4
holding	USX	Class A Common Stock						320K	Jun 2, 2021	Direct	F5
holding	USX	Class A Common Stock						150K	Jun 2, 2021	Managing General Partner	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lisa M. Pate is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Shares of Class A Common Stock held directly by Ms. Pate.
F2	The shares sold automatically converted from Class B common stock to Class A common stock upon sale.
F3	The price reflects a weighted average sale price for multiple transactions ranging from $5.95 to $5.98, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
F4	Represents shares of Class A Common Stock held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate (the "Trust"), of which Ms. Pate is the sole trustee. On March 23, 2023, the Trust voluntarily converted the 2,013,914 shares of Class B Common Stock held by it to shares of Class A Common Stock.
F5	Represents shares of Class A Common Stock held directly by Ms. Pate. On March 23, 2023, Ms. Pate voluntarily converted the 319,994 shares of Class B Common Stock held directly by her to shares of Class A Common Stock.
F6	Represents shares of Class A Common Stock held by Quinn Family Partners, L.P. (the "L.P."), of which Ms. Pate is the managing general partner. On March 23, 2023, the L.P. voluntarily converted the 150,005 shares of Class B Common Stock held by it to shares of Class A Common Stock. Ms. Pate disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purposes.