ORF DAVID C 4
4 · RUSH ENTERPRISES INC \TX\ · Filed Mar 19, 2013
Insider Transaction Report
Form 4
ORF DAVID C
Senior Vice President
Transactions
- Award
Option (right to buy)
2013-03-15+10,725→ 10,725 totalExercise: $25.70Exp: 2023-03-15→ Class A Common Stock (10,725 underlying) - Award
Class B Common Stock
2013-03-15+8,580→ 8,580 total - Tax Payment
Class A Common Stock
2013-03-15$25.70/sh−782$20,097→ 22,370 total
Footnotes (3)
- [F1]Reflects the grant of restricted stock units (RSUs) that will entitle the Reporting Person to receive one share of the Company's Class B common stock for each RSU that vests. The RSUs vest in increments of 1/3 on each of the first, second, and third anniversary of the grant date, which was March 15, 2013.
- [F2]Includes unvested restricted stock units in addition to 345 shares acquired on July 6, 2012, under the Rush Enterprises, Inc. Employee Stock Purchase Plan ("ESPP") and 337 shares acquired on January 10, 2013, under the ESPP.
- [F3]Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. Grant date is ten years prior to the expiration date.