James L. Johnson - Feb 7, 2022 Form 4 Insider Report for WERNER ENTERPRISES INC (WERN)

Role
Exec VP - Chief Acctg Officer
Signature
/s/ James L. Johnson
Stock symbol
WERN
Transactions as of
Feb 7, 2022
Transactions value $
-$20,196
Form type
4
Date filed
2/9/2022, 03:38 PM
Previous filing
Jan 30, 2023
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WERN Common Stock Tax liability -$20.2K -461 -0.57% $43.81 80.7K Feb 7, 2022 Direct F1
transaction WERN Common Stock Award $0 +4.08K +5.06% $0.00 84.8K Feb 7, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares required to satisfy tax withholding obligations in connection with the vesting of 997 shares of restricted stock granted to the Reporting Person on February 7, 2018.
F2 Restricted stock awarded February 7, 2022 under stockholder approved equity plan. This award shall vest, subject to continued employment, 34% on February 7, 2023 (1 year after the grant date) and two annual increments of 33% each beginning February 7, 2024. The award will become fully vested on February 7, 2025.