Michael McRoberts - Feb 17, 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Chief Operating Officer
Signature
/s/ Steven L. Keller, Attorney-in-Fact for Michael McRoberts
Stock symbol
RUSHA
Transactions as of
Feb 17, 2023
Transactions value $
-$424,131
Form type
4
Date filed
2/22/2023, 04:23 PM
Previous filing
May 26, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class A Common Stock Options Exercise $63.2K +3.5K +36.08% $18.06 13.2K Feb 17, 2023 Direct F1
transaction RUSHA Class A Common Stock Sale -$215K -3.5K -100% $61.34 0 Feb 17, 2023 Direct F2
transaction RUSHA Class A Common Stock Options Exercise $64.7K +5.5K +56.7% $11.76 15.2K Feb 17, 2023 Direct
transaction RUSHA Class A Common Stock Sale -$337K -5.5K -36.18% $61.34 9.7K Feb 17, 2023 Direct F2

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 -3.5K -33.33% $0.00 7K Feb 17, 2023 Class A Common Stock 3.5K $18.06 Direct F3
transaction RUSHA Option (right to buy) Options Exercise $0 -5.5K -40.74% $0.00 8K Feb 17, 2023 Class A Common Stock 5.5K $11.76 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 259.21 shares acquired on July 1, 2022, and 211.61 shares acquired on January 1, 2023, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F2 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.32 to $61.4433. 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.
F3 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.