Michael McRoberts - Mar 4, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role
COO
Signature
Steven L. Keller, Attorney in Fact for Michael McRoberts
Stock symbol
RUSHB
Transactions as of
Mar 4, 2022
Transactions value $
-$375,042
Form type
4
Date filed
3/8/2022, 04:37 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 $60.5K +3K +28.79% $20.18 13.4K Mar 4, 2022 Direct F1
transaction RUSHB Class A Common Stock Sale -$153K -3K -22.35% $50.91 10.4K Mar 4, 2022 Direct F2
transaction RUSHB Class A Common Stock Sale -$60.6K -1.19K -11.42% $50.91 9.23K Mar 4, 2022 Direct F2
transaction RUSHB Class B Common Stock Sale -$222K -4.62K -3.2% $48.14 140K Mar 4, 2022 Direct F3, F4

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 -3K -100% $0.00* 0 Mar 4, 2022 Class A Common Stock 3K $20.18 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 308.9005 shares acquired on July 1, 2021, and 288.5869 shares acquired on January 1, 2022, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F2 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.3150 to $51.89. 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.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.30. 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 Includes unvested restricted stock and certain shares included in the Rush Enterprises, Inc. Deferred Compensation Plan.
F5 Options may be exercised in increments of 1/3 on the 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.