Derrek Weaver - 29 Oct 2021 Form 4/A - Amendment Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Signature
Steven L. Keller, Attorney in Fact for Derrek Weaver
Issuer symbol
RUSHA
Transactions as of
29 Oct 2021
Net transactions value
-$665,995
Form type
4/A - Amendment
Filing time
03 Nov 2021, 17:59:01 UTC
Date Of Original Report
02 Nov 2021
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Options Exercise $352,170 +19,500 +220% $18.06 28,370 29 Oct 2021 Direct F1, F2
transaction RUSHB Class A Common Stock Sale $1,018,165 -19,500 -69% $52.21 8,870 29 Oct 2021 Direct F2, F3

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 RUSHB Option (right to buy) Options Exercise $0 -19,500 -100% $0.000000* 0 29 Oct 2021 Class A Common Stock 19,500 $27.10 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4/A is being filed to amend the Form 4 filed by the reporting person on November 2, 2021, in order to correct an inadvertent administrative error. The price shown in Column A in the original filing did not reflect the 3-for-2 stock split that occurred on October 12, 2020, and has been adjusted accordingly.
F2 Includes certain shares included in the Rush Enterprises, Inc. Deferred Compensation Plan.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.09 to $52.56. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.