Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | USAK | Common Stock | Tax liability | -$76.6K | -3.12K | -1.08% | $24.54 | 285K | Feb 26, 2022 | Direct | F1 |
transaction | USAK | Common Stock | Disposed to Issuer | $0 | -22K | -7.72% | $0.00 | 263K | Feb 27, 2022 | Direct | F2 |
transaction | USAK | Common Stock | Award | $0 | +49.5K | +18.85% | $0.00 | 312K | Feb 27, 2022 | Direct | F3 |
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. |