4//SEC Filing
Pate Lisa M 4
Accession 0001008886-23-000033
CIK 0000923571other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 4:44 PM ET
Size
12.3 KB
Accession
0001008886-23-000033
Insider Transaction Report
Form 4
Pate Lisa M
DirectorChief Administrative Officer10% OwnerOther
Transactions
- Sale
Class A Common Stock
2023-03-22$5.96/sh−300,000$1,787,370→ 2,013,914 total(indirect: By Trust) - Sale
Class A Common Stock
2021-06-02$12.00/sh−5,000$60,000→ 105,919 total - Sale
Class A Common Stock
2021-11-22$9.00/sh−20,000$180,000→ 85,919 total
Holdings
- 150,005(indirect: Managing General Partner)
Class A Common Stock
- 319,994
Class A Common Stock
Transactions
- Sale
Class A Common Stock
2021-11-22$9.00/sh−20,000$180,000→ 85,919 total - Sale
Class A Common Stock
2021-06-02$12.00/sh−5,000$60,000→ 105,919 total - Sale
Class A Common Stock
2023-03-22$5.96/sh−300,000$1,787,370→ 2,013,914 total(indirect: By Trust)
Holdings
- 150,005(indirect: Managing General Partner)
Class A Common Stock
- 319,994
Class A Common Stock
Footnotes (6)
- [F1]Shares of Class A Common Stock held directly by Ms. Pate.
- [F2]The shares sold automatically converted from Class B common stock to Class A common stock upon sale.
- [F3]The price reflects a weighted average sale price for multiple transactions ranging from $5.95 to $5.98, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]Represents shares of Class A Common Stock held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate (the "Trust"), of which Ms. Pate is the sole trustee. On March 23, 2023, the Trust voluntarily converted the 2,013,914 shares of Class B Common Stock held by it to shares of Class A Common Stock.
- [F5]Represents shares of Class A Common Stock held directly by Ms. Pate. On March 23, 2023, Ms. Pate voluntarily converted the 319,994 shares of Class B Common Stock held directly by her to shares of Class A Common Stock.
- [F6]Represents shares of Class A Common Stock held by Quinn Family Partners, L.P. (the "L.P."), of which Ms. Pate is the managing general partner. On March 23, 2023, the L.P. voluntarily converted the 150,005 shares of Class B Common Stock held by it to shares of Class A Common Stock. Ms. Pate disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purposes.
Documents
Issuer
US XPRESS ENTERPRISES INC
CIK 0000923571
Entity typeother
Related Parties
1- filerCIK 0001378972
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 4:44 PM ET
- Size
- 12.3 KB