James L. Johnson - Feb 9, 2024 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 9, 2024
Transactions value $
-$128,949
Form type
4
Date filed
2/13/2024, 04:15 PM
Previous filing
Feb 9, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WERN Common Stock Award $0 +5.3K +5.67% $0.00 98.9K Feb 9, 2024 Direct F1
transaction WERN Common Stock Tax liability -$23.1K -555 -0.56% $41.61 98.3K Feb 11, 2024 Direct F2
transaction WERN Common Stock Tax liability -$106K -2.54K -2.59% $41.61 95.8K Feb 11, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awarded February 9, 2024 under stockholder approved equity plan. This award shall vest, subject to continued employment, 34% on February 9, 2025 (1 year after the grant date) and two annual increments of 33% each beginning February 9, 2026. The award will become fully vested on February 9, 2027.
F2 Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,199 shares of restricted stock granted to the Reporting Person on February 11, 2021.
F3 Represents shares required to satisfy tax withholding obligations in connection with the vesting of 5,496 shares of performance-based restricted stock granted to the Reporting Person on February 11, 2021.