W. M. Rusty Rush - Mar 15, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role
CEO and President, Director, 10%+ Owner
Signature
Steven L. Keller, Attorney in Fact for William M. Rusty Rush
Stock symbol
RUSHB
Transactions as of
Mar 15, 2022
Transactions value $
-$1,024,247
Form type
4
Date filed
3/17/2022, 06:26 PM
Previous filing
Mar 15, 2022
Next filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class B Common Stock Tax liability -$599K -12K -1.69% $49.90 699K Mar 15, 2022 Direct F1, F2
transaction RUSHB Class B Common Stock Tax liability -$425K -8.53K -1.22% $49.90 691K Mar 15, 2022 Direct F2, F3
transaction RUSHB Class B Common Stock Award $0 +70K +10.13% $0.00 761K Mar 15, 2022 Direct F2, F4
holding RUSHB Class A Common Stock 125K Mar 15, 2022 Direct F5
holding RUSHB Class A Common Stock 2.23K Mar 15, 2022 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 2.44M Mar 15, 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 +35K $0.00 35K Mar 15, 2022 Class A Common Stock 35K $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.