WILLIAM M. RUSTY RUSH - 15 Mar 2022 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
15 Mar 2022
Net transactions value
-$1,024,247
Form type
4
Filing time
17 Mar 2022, 18:26:49 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 $598,850 -12,001 -1.7% $49.90 699,294 15 Mar 2022 Direct F1, F2
transaction RUSHB Class B Common Stock Tax liability $425,398 -8,525 -1.2% $49.90 690,769 15 Mar 2022 Direct F2, F3
transaction RUSHB Class B Common Stock Award $0 +70,000 +10% $0.000000 760,769 15 Mar 2022 Direct F2, F4
holding RUSHB Class A Common Stock 124,729 15 Mar 2022 Direct F5
holding RUSHB Class A Common Stock 2,230 15 Mar 2022 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 2,435,453 15 Mar 2022 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) Award $0 +35,000 $0.000000 35,000 15 Mar 2022 Class A Common Stock 35,000 $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 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 Includes certain shares included in the Company's 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.