Eric A. Peterson - Mar 14, 2023 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, 2023
Transactions value $
$0
Form type
4
Date filed
3/16/2023, 06:12 PM
Previous filing
Feb 23, 2023
Next filing
Jul 5, 2023

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 +5.6% 628K Mar 14, 2023 Direct F1

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 -49.98% $0.00 33.4K Mar 14, 2023 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 on March 14, 2024, subject to continuous employment through the vesting date and certain other termination and forfeiture conditions.