Don R. Daseke - 31 Dec 2021 Form 4 Insider Report for Daseke, Inc.

Role
Director, 10%+ Owner
Signature
/s/ Soumit Roy, attorney-in-fact
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 16:00:24 UTC
Previous filing
02 Jun 2021
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSKE Common Stock Options Exercise $0 +6,906 +0.44% $0.000000 1,561,112 01 Jan 2022 Direct F1
holding DSKE Common Stock 76,000 31 Dec 2021 By Walden Management Co. Pension F2
holding DSKE Common Stock 34,321 31 Dec 2021 By Spouse F3
holding DSKE Common Stock 16,337,314 31 Dec 2021 By The Walden Group, Inc. 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 DSKE Restricted Stock Unit Award $0 +4,980 +72% $0.000000 11,886 31 Dec 2021 Common Stock 4,980 Direct F5, F6, F7
transaction DSKE Restricted Stock Unit Options Exercise $0 -6,906 -58% $0.000000 4,980 01 Jan 2022 Common Stock 6,906 Direct F1, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received 6,906 restricted stock units ("RSUs"), which convert into shares of the Issuer's common stock on a one-for-one basis, on June 1, 2021. These RSUs fully vested on January 1, 2022 and were settled in shares of the Issuer's common stock.
F2 Held of record by Walden Management Co. Pension Mr. Daseke is the sole trustee of Walden Management Co. Pension. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 Held of record by Mr. Daseke's spouse. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F4 Held of record by The Walden Group, Inc. Mr. Daseke is the President and majority stockholder of The Walden Group, Inc. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F5 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F6 As compensation for their performance as a director in 2022, the Reporting Person received 4,980 RSUs, which shall fully vest on January 1, 2023, if Reporting Person remains a director. Upon vesting, such RSUs will be settled in shares of the Issuer's common stock.
F7 Not applicable.