Jason Grear - Jun 13, 2021 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Signature
/s/ Jason Grear, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
USX
Transactions as of
Jun 13, 2021
Transactions value $
-$2,382
Form type
4
Date filed
6/15/2021, 05:24 PM
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +938 +1.8% 53K Jun 13, 2021 Direct F1
transaction USX Class A Common Stock Tax liability -$2.38K -229 -0.43% $10.40 52.8K Jun 13, 2021 Direct

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 USX Restricted Stock Units Options Exercise $0 -938 -50% $0.00 938 Jun 13, 2021 Class A Common Stock 938 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
F2 On June 13, 2018, Mr. Grear was granted 3,751 RSUs, vesting in four approximately equal installments on each of June 13, 2019, 2020, 2021, and 2022, subject to certain vesting, forfeiture, and termination provisions.