Derrek Weaver - Mar 15, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role: Executive Vice President
Signature: Steven L. Keller, Attorney in Fact for Derrek Weaver
Stock symbol: RUSHB
Transactions as of: Mar 15, 2022
Transactions value $: -$145,758
Form type: 4
Date filed: 3/17/2022, 06:26 PM
Previous filing: Mar 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHB	Class B Common Stock	Tax liability	-$85K	-1.7K	-1.17%	$49.90	143K	Mar 15, 2022	Direct	F1, F2
transaction	RUSHB	Class B Common Stock	Tax liability	-$60.7K	-1.22K	-0.85%	$49.90	142K	Mar 15, 2022	Direct	F2, F3
transaction	RUSHB	Class B Common Stock	Award	$0	+17K	+11.95%	$0.00	159K	Mar 15, 2022	Direct	F2, 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)	Award	$0	+10K		$0.00	10K	Mar 15, 2022	Class A Common Stock	10K	$49.90	Direct	F5

* 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 and certain shares included in the Company's deferred compensation plan
F3	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 units that occurred on March 15, 2021.
F4	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.
F5	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.