W. M. Rusty Rush - Nov 1, 2021 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role
CEO and President, Director, 10%+ Owner
Signature
Steven L. Keller, Attorney in Fact for William M. Rusty Rush
Stock symbol
RUSHB
Transactions as of
Nov 1, 2021
Transactions value $
-$2,051,069
Form type
4
Date filed
11/3/2021, 05:59 PM
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Options Exercise $530K +31K +24.82% $17.13 156K Nov 1, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$1.66M -31K -19.88% $53.48 125K Nov 1, 2021 Direct F1, F2
transaction RUSHB Class A Common Stock Options Exercise $20.8K +1.22K +0.97% $17.13 126K Nov 2, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$65K -1.22K -0.96% $53.51 125K Nov 2, 2021 Direct F1, F3
transaction RUSHB Class A Common Stock Options Exercise $413K +24.1K +19.31% $17.13 149K Nov 3, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$1.29M -24.1K -16.18% $53.75 125K Nov 3, 2021 Direct F1, F4
holding RUSHB Class A Common Stock 2.23K Nov 1, 2021 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 721K Nov 1, 2021 Direct F5
holding RUSHB Class B Common Stock 2.44M Nov 1, 2021 By 3MR Partners, L.P.

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 -31K -55.03% $0.00 25.3K Nov 1, 2021 Class A Common Stock 31K $17.13 Direct F6
transaction RUSHB Option (right to buy) Options Exercise $0 -1.22K -4.8% $0.00 24.1K Nov 2, 2021 Class A Common Stock 1.22K $17.13 Direct F6
transaction RUSHB Option (right to buy) Options Exercise $0 -24.1K -100% $0.00* 0 Nov 3, 2021 Class A Common Stock 24.1K $17.13 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes certain shares included in the Rush Enterprises, Inc. Deferred Compensation Plan.
F2 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.90 to $53.61. 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.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.50 to $53.53. 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.
F4 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.50 to $53.83. 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.
F5 Includes unvested restricted stock and certain shares included in the Rush Enterprises, Inc. Deferred Compensation Plan.
F6 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.