Jacob Lawson - 15 Mar 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC

Reporting relationship: Chief Commercial Officer
Issuer ticker: N/A
Reported as of: 15 Mar 2022
Net transaction value: -$24,056
SEC form: 4
Accepted by SEC: 16 Mar 2022, 17:01:53 UTC
Prior SEC filing: 02 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Jacob Lawson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC

Key filing fact

Jacob Lawson filed Form 4 for US XPRESS ENTERPRISES INC on 16 Mar 2022.

Key facts

This page summarizes Jacob Lawson's Form 4 filing for US XPRESS ENTERPRISES INC.
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Mar 2022, 17:01.

Change

Previous filing in this sequence was filed on 02 Mar 2022.
Current net transaction value: -$24,056.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USX transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +12,500
Change %: +11%
Price
Shares after: 130,158
Date: 15 Mar 2022
Ownership: Direct
Footnotes: F1

USX transaction

Class A Common Stock

Tax liability

Transaction value: $24,056
Shares: -5,647
Change %: -4.3%
Price: $4.26
Shares after: 124,511
Date: 15 Mar 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

USX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -12,500
Change %: -25%
Price: $0.000000
Shares after: 37,500
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 12,500
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis.

Footnote F2

The remaining RSUs will vest in three approximately equal installments on each of March 15, 2023, 2024, and 2025 and are subject to certain vesting, forfeiture, and termination provisions.