Michael McRoberts - 15 Mar 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
COO
Signature
Steven L. Keller, Attorney in Fact for Michael McRoberts
Issuer symbol
RUSHA
Transactions as of
15 Mar 2022
Net transactions value
-$415,368
Form type
4
Filing time
17 Mar 2022, 18:23:15 UTC
Previous filing
15 Mar 2022
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class B Common Stock Tax liability $210,079 -4,210 -3.1% $49.90 129,979 15 Mar 2022 Direct F1, F2, F3
transaction RUSHB Class B Common Stock Tax liability $205,289 -4,114 -3.2% $49.90 125,865 15 Mar 2022 Direct F2, F4
transaction RUSHB Class B Common Stock Award $0 +25,000 +20% $0.000000 150,865 15 Mar 2022 Direct F2, F5

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) Award $0 +10,000 $0.000000 10,000 15 Mar 2022 Class A Common Stock 10,000 $53.04 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2019.
F2 Includes unvested restricted stock awards and certain shares and unvested restricted stock units included in the Company's deferred compensation plan.
F3 Includes 4 additional shares that were inadvertently missing from the reporting person's total as a result of a rounding error dating back to the October 12, 2020 stock split.
F4 Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2021.
F5 Reflects the grant of restricted stock. The restricted stock vests in increments of 1/3 on each of the first, second, and third anniversary of the grant date, which is March 15, 2022.
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.