W. M. Rusty Rush - May 24, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Signature
Steven L. Keller, Attorney in Fact for William M. Rusty Rush
Stock symbol
RUSHB
Transactions as of
May 24, 2022
Transactions value $
-$438,993
Form type
4
Date filed
5/26/2022, 07:29 PM
Previous filing
Mar 17, 2022
Next filing
Oct 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Tax liability -$439K -8.63K -6.92% $50.88 116K May 24, 2022 Direct F1, F2
holding RUSHB Class B Common Stock 761K May 24, 2022 Direct F3
holding RUSHB Class A Common Stock 2.23K May 24, 2022 By 3MR Partners, L.P.
holding RUSHB Class B Common Stock 2.44M May 24, 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.