WILLIAM M. RUSTY RUSH - 01 Nov 2021 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
CEO and President, Director, 10%+ Owner
Signature
Steven L. Keller, Attorney in Fact for William M. Rusty Rush
Issuer symbol
RUSHA
Transactions as of
01 Nov 2021
Net transactions value
-$2,051,069
Form type
4
Filing time
03 Nov 2021, 17:59:22 UTC
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Options Exercise $530,242 +30,954 +25% $17.13 155,683 01 Nov 2021 Direct F1
transaction RUSHB Class A Common Stock Sale $1,655,339 -30,954 -20% $53.48 124,729 01 Nov 2021 Direct F1, F2
transaction RUSHB Class A Common Stock Options Exercise $20,813 +1,215 +0.97% $17.13 125,944 02 Nov 2021 Direct F1
transaction RUSHB Class A Common Stock Sale $65,013 -1,215 -0.96% $53.51 124,729 02 Nov 2021 Direct F1, F3
transaction RUSHB Class A Common Stock Options Exercise $412,508 +24,081 +19% $17.13 148,810 03 Nov 2021 Direct F1
transaction RUSHB Class A Common Stock Sale $1,294,279 -24,081 -16% $53.75 124,729 03 Nov 2021 Direct F1, F4
holding RUSHB Class A Common Stock 2,230 01 Nov 2021 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 720,981 01 Nov 2021 Direct F5
holding RUSHB Class B Common Stock 2,435,453 01 Nov 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 -30,954 -55% $0.000000 25,296 01 Nov 2021 Class A Common Stock 30,954 $17.13 Direct F6
transaction RUSHB Option (right to buy) Options Exercise $0 -1,215 -4.8% $0.000000 24,081 02 Nov 2021 Class A Common Stock 1,215 $17.13 Direct F6
transaction RUSHB Option (right to buy) Options Exercise $0 -24,081 -100% $0.000000* 0 03 Nov 2021 Class A Common Stock 24,081 $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.