Bryan A. Johnson - Sep 15, 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role
Chief Transformation Officer
Signature
/s/ Bryan A. Johnson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
USX
Transactions as of
Sep 15, 2022
Transactions value $
-$912
Form type
4
Date filed
9/19/2022, 04:20 PM
Previous filing
Aug 29, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +1.47K +2.45% 61.5K Sep 15, 2022 Direct F1
transaction USX Class A Common Stock Tax liability -$912 -359 -0.58% $2.54 61.1K Sep 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 -1.47K -24.99% $0.00 4.42K Sep 15, 2022 Class A Common Stock 1.47K 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 September 15, 2021, Mr. Johnson was granted 5,886 RSUs, vesting in four approximately equal installments on each of September 15, 2022, 2023, 2024, and 2025, subject to certain vesting, forfeiture, and termination provisions.