James D. Reed - 26 Feb 2022 Form 4 Insider Report for USA TRUCK INC

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAK	Common Stock	Tax liability	$76,565	-3,120	-1.1%	$24.54	284,597	26 Feb 2022	Direct	F1
transaction	USAK	Common Stock	Disposed to Issuer	$0	-21,972	-7.7%	$0.000000	262,625	27 Feb 2022	Direct	F2
transaction	USAK	Common Stock	Award	$0	+49,496	+19%	$0.000000	312,121	27 Feb 2022	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person.
F2	Represents the forfeiture of restricted stock subject to performance-based vesting originally granted to the reporting person on February 26, 2019, due to the issuer not achieving the established performance targets.
F3	Represent awards of restricted stock to the reporting person under the USA Truck, Inc. 2014 Omnibus Incentive Plan, as amended. Of the reported restricted stock, (i) 14,059 shares are subject to time-based vesting in four approximately equal annual installments beginning on the first anniversary of the grant date, (ii) 21,087 shares are subject to performance-based vesting at the conclusion of a three-year performance period ending December 31, 2024 and (iii) 14,350 shares are subject to performance-based vesting at the conclusion of a two-year performance period ending December 31, 2023. Vesting of the restricted shares is subject to continued employment and certain vesting, forfeiture and termination provisions.