Bates Jason R. 4
4 · USA TRUCK INC · Filed Feb 28, 2019
Insider Transaction Report
Form 4
USA TRUCK INCUSAK
Bates Jason R.
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2019-02-26+37,056→ 89,655 total - Award
Employee Stock Option (right to buy common stock)
2019-02-26+37,488→ 37,488 totalExercise: $17.75Exp: 2029-02-26→ Common Stock (37,488 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock to the reporting person under the USA Truck, Inc. 2014 Omnibus Incentive Plan, as amended. Of the reported restricted stock, (i) 25,900 shares are subject to time-based vesting in four equal annual installments beginning on the first anniversary of the grant date and (ii) 11,156 shares are subject to performance-based vesting at the conclusion of a three-year performance period ending December 31, 2021. Vesting of the restricted shares is subject to continued employment and certain vesting, forfeiture, termination provisions.
- [F2]Represents stock option award under the USA Truck, Inc., Omnibus Incentive Plan, as amended, that will vest in four annual increments beginning on the first anniversary of the grant date, and is subject to continued employment and certain vesting, forfeiture, and termination provisions.