Scott Hoppe - Aug 18, 2023 Form 4 Insider Report for Daseke, Inc. (DSKE)

Role
EVP and COO
Signature
/s/ Soumit Roy, attorney-in-fact
Stock symbol
DSKE
Transactions as of
Aug 18, 2023
Transactions value $
-$135,931
Form type
4
Date filed
8/22/2023, 06:48 PM
Previous filing
Jun 9, 2023
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSKE Common Stock Award $0 +100K +634.68% $0.00 116K Aug 18, 2023 Direct F1
transaction DSKE Common Stock Tax liability -$136K -26.2K -22.63% $5.19 89.6K Aug 21, 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 Restricted Stock Unit Award $0 +50K $0.00 50K Aug 18, 2023 Common Stock 50K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received an award of 100,000 performance-based restricted stock units ("PSUs") on October 1, 2021, which was subject to both time- and performance-based vesting conditions, including, among other things, metrics based on the Issuer's adjusted pre-tax net income. Each PSU represented a contingent right to receive one share of the Issuer's common stock. These PSUs fully vested on August 18, 2023 and were settled in shares of the Issuer's common stock.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3 The Reporting Person received 50,000 RSUs (16,665 of which will vest on July 1, 2024; 16,665 of which will vest on March 1, 2025; and 16,670 of which will vest on March 1, 2026).
F4 Not applicable.