Jody Pollard - Nov 14, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Senior Vice President
Signature
/s/ Matt Willcox, Attorney-in-Fact for Jody Pollard
Stock symbol
RUSHA
Transactions as of
Nov 14, 2022
Transactions value $
-$248,545
Form type
4
Date filed
11/16/2022, 03:45 PM
Previous filing
Nov 3, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class A Common Stock Options Exercise $128K +7.5K +515.46% $17.13 8.96K Nov 14, 2022 Direct
transaction RUSHA Class A Common Stock Sale -$377K -7.5K -83.75% $50.27 1.46K Nov 14, 2022 Direct F1

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 RUSHA Option (right to buy) Options Exercise $0 -7.5K -100% $0.00* 0 Nov 14, 2022 Class A Common Stock 7.5K $17.13 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.93 to $50.78. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2 Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.