WILLIAM M. RUSTY RUSH - 24 May 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Signature
Steven L. Keller, Attorney in Fact for William M. Rusty Rush
Issuer symbol
RUSHA
Transactions as of
24 May 2022
Net transactions value
-$438,993
Form type
4
Filing time
26 May 2022, 19:29:06 UTC
Previous filing
17 Mar 2022
Next filing
21 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Tax liability $438,993 -8,628 -6.9% $50.88 116,101 24 May 2022 Direct F1, F2
holding RUSHB Class B Common Stock 760,769 24 May 2022 Direct F3
holding RUSHB Class A Common Stock 2,230 24 May 2022 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 2,435,453 24 May 2022 By 3MR Partners, L.P.
* 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 the distribution of shares of the Company's Class A Common Stock pursuant to the Company's Deferred Compensation Plan. In addition, the closing price reported was the closing price on April 29, 2022, which was the date the plan administrator used to determine the tax withholding for administrative purposes.
F2 Includes certain shares included in the Company's deferred compensation plan.
F3 Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.