Phillip D. Yeager - Jan 2, 2023 Form 4 Insider Report for Hub Group, Inc. (HUBG)

Signature
/s/ Thomas LaFrance for Phillip D. Yeager
Stock symbol
HUBG
Transactions as of
Jan 2, 2023
Transactions value $
-$849,907
Form type
4
Date filed
1/4/2023, 07:20 PM
Previous filing
Jan 4, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBG Class A Common Stock Award $0 +16K +58.04% $0.00 43.6K Jan 2, 2023 Direct F1
transaction HUBG Class A Common Stock Tax liability -$850K -10.7K -24.54% $79.49 32.9K Jan 2, 2023 Direct
transaction HUBG Class A Common Stock Award $0 +11.1K +33.72% $0.00 44K Jan 2, 2023 Direct F2
holding HUBG Class A Common Stock 85.1 Jan 2, 2023 By 401k
holding HUBG Class B Common Stock 176K Jan 2, 2023 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares awarded upon vesting of performance-based restricted stock awards granted on January 2, 2020.
F2 This award of restricted stock vests over a five year period.
F3 The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 574,903 shares of Class B Common Stock.
F4 The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.