UNIVERSAL LOGISTICS HOLDINGS, INC. 4
4 · UNIVERSAL LOGISTICS HOLDINGS, INC. · Filed Feb 23, 2017
Insider Transaction Report
Form 4
Rogers Jeff
DirectorChief Executive Officer
Transactions
- Award
Common Stock, no par value
2017-02-22$13.45/sh+10,000$134,500→ 47,500 total
Footnotes (2)
- [F1]Represents grants of restricted common stock which vested 25% on February 22, 2017, and an additional 25% will vest on each March 5 in 2018, 2019 and 2020, subject to continued employment with Universal Logistics Holdings, Inc. Vesting is accelerated upon death, disability, retirement at normal retirement age, termination without cause or upon action by the Compensation Committee accelerating the vesting.
- [F2]The closing price of the Company's common stock on February 22, 2017, which was the fair market value of the shares as of the vesting date was $13.45.