David P. Yeager - Aug 9, 2022 Form 4/A - Amendment Insider Report for Hub Group, Inc. (HUBG)

Signature
/s/ David P. Yeager
Stock symbol
HUBG
Transactions as of
Aug 9, 2022
Transactions value $
-$406,002
Form type
4/A - Amendment
Date filed
9/22/2022, 06:50 PM
Date Of Original Report
Aug 11, 2022
Previous filing
Mar 11, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBG Class A Common Stock Sale -$5.33M -65.9K -100% $80.83 0 Aug 9, 2022 By Trust F1, F2
transaction HUBG Class B Common Stock Purchase $4.92M +46.9K $104.99 46.9K Aug 9, 2022 By Trust F1, F2, F4, F5
holding HUBG Class A Common Stock 53.1K Aug 9, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being amended to report a sale of Class A Common Stock ("Class A Shares") and a purchase of Class B Common Stock ("Class B Shares") pursuant to the closing of the Common Stock Exchange and Repurchase Agreement on August 9, 2022, which transactions were omitted from the Form 4 filed by the Reporting Person on August 11, 2022 (the "Original Form 4"), due to administrative error.
F2 The reported sale of Class A Shares and purchase of Class B Shares were effected through a family trust for which the reporting person has beneficial ownership, and such transactions should therefore have been included with the sales of Class A Shares and purchases of Class B Shares (which are not matchable under Section 16(b)) that were timely reported by the Reporting Person on the Original Form 4. For more information see the Current Report on Form 8-K filed by the Issuer on August 9, 2022.
F3 The Original Form 4 omitted a footnote explaining a correction of the Reporting Person's direct aggregate holdings of Class A Shares to remove 20,000 Class A Shares attributed to unvested performance shares, which were inadvertently included in the March 11, 2022 Form 4 for the Reporting Person.
F4 The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their Class B Shares in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 574,903 Class B Shares.
F5 The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.