John J. Steele - 07 Feb 2022 Form 4 Insider Report for WERNER ENTERPRISES INC (WERN)

Role
Exec VP - Treasurer & CFO
Signature
/s/ John J. Steele
Issuer symbol
WERN
Transactions as of
07 Feb 2022
Net transactions value
-$20,196
Form type
4
Filing time
09 Feb 2022, 15:41:58 UTC
Previous filing
30 Jan 2023
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WERN Common Stock Tax liability $20,196 -461 -0.6% $43.81 76,242 07 Feb 2022 Direct F1
transaction WERN Common Stock Award $0 +4,083 +5.4% $0.000000 80,325 07 Feb 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.