RUSH ENTERPRISES INC \TX\ 4
4 · RUSH ENTERPRISES INC \TX\ · Filed Mar 17, 2015
Insider Transaction Report
Form 4
ORF DAVID C
Senior Vice President
Transactions
- Award
Class B Common Stock
2015-03-13+10,980→ 28,958 total - Award
Option (right to buy)
2015-03-13+13,725→ 13,725 totalExercise: $27.10Exp: 2025-03-13→ Class A Common Stock (13,725 underlying) - Tax Payment
Class A Common Stock
2015-03-15$27.10/sh−391$10,596→ 17,113.211 total
Footnotes (6)
- [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 is March 13, 2015.
- [F2]Includes unvested restricted stock units.
- [F3]Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant that occurred on March 15, 2012.
- [F4]The price reported was the closing share price on March 13, 2015.
- [F5]Includes unvested restricted stock units in addition to 200 shares acquired on July 1, 2014, under the Rush Enterprises, Inc. Employee Stock Purchase Plan ("ESPP") and 176.211 shares acquired on January 1, 2015, under the ESPP.
- [F6]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. The grant date is ten years prior to the expiration date.