Eric A. Peterson - Mar 14, 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role
Chief Financial Off. & Treas.
Signature
/s/ Eric A. Peterson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
USX
Transactions as of
Mar 14, 2022
Transactions value $
-$25,764
Form type
4
Date filed
3/16/2022, 04:51 PM
Previous filing
Mar 2, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +33.3K +6.66% 533K Mar 14, 2022 Direct F1
transaction USX Class A Common Stock Tax liability -$25.8K -6.05K -1.13% $4.26 527K Mar 15, 2022 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 -33.3K -33.32% $0.00 66.7K Mar 14, 2022 Class A Common Stock 33.3K 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 The remaining RSUs will vest in two approximately equal installments on each of March 14, 2023 and 2024, subject to continuous employment through each respective vesting date and certain other termination and forfeiture conditions.