Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | USX | Class A Common Stock | Options Exercise | $0 | +16.7K | +87.2% | $0.00 | 35.8K | Jun 15, 2023 | Direct | F1 |
transaction | USX | Class A Common Stock | Disposed to Issuer | -$220K | -35.8K | -100% | $6.15 | 0 | Jul 1, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | USX | Restricted Stock Units | Options Exercise | $0 | -16.7K | -100% | $0.00* | 0 | Jun 15, 2023 | Class A Common Stock | 16.7K | Direct | F1, F3 |
Jennifer Buckner is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represented a right to receive Class A common stock on a one-for-one basis. |
F2 | On July 1, 2023, pursuant to the Agreement and Plan of Merger, dated March 20, 2023 (the "Merger Agreement"), by and among the issuer, Knight-Swift Transportation Holdings, Inc. ("Parent"), and Liberty Merger Sub Inc.("Merger Subsidiary"), Merger Subsidiary merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as an indirect wholly-owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger, the shares of Class A common stock were cancelled and converted into the right to receive $6.15 in cash. |
F3 | The RSUs were granted on May 25, 2022 and vested June 15, 2023. |