Soumit Roy - Apr 28, 2023 Form 4 Insider Report for Daseke, Inc. (DSKE)

Signature
/s/ Soumit Roy
Stock symbol
DSKE
Transactions as of
Apr 28, 2023
Transactions value $
-$728,372
Form type
4
Date filed
5/2/2023, 04:31 PM
Previous filing
Mar 3, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSKE Common Stock Options Exercise $0 +266K +1698.55% $0.00 281K Apr 28, 2023 Direct F1
transaction DSKE Common Stock Tax liability -$728K -89K -31.67% $8.18 192K Apr 28, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DSKE Performance Restricted Stock Unit Options Exercise $0 -266K -100% $0.00* 0 Apr 28, 2023 Common Stock 266K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received 265,500 performance restricted stock units ("PSUs") on April 28, 2020 that were eligible to vest at the end of a three-year performance period subject to the achievement of specified stock price hurdles and the Reporting Person's continued employment. Each PSU represented a contingent right to receive one share of the Issuer's common stock. These PSUs fully vested on April 28, 2023 and were settled in shares of the Issuer's common stock.
F2 Each PSU represents a contingent right to receive one share of the Issuer's common stock.