RUSH ENTERPRISES INC \TX\ 4
4 · RUSH ENTERPRISES INC \TX\ · Filed Mar 17, 2016
Insider Transaction Report
Form 4
Lowe Corey
Senior Vice President
Transactions
- Award
Class B Common Stock
2016-03-15+10,400→ 33,519 total - Award
Option (right to buy)
2016-03-15+13,000→ 13,000 totalExercise: $17.65Exp: 2026-03-15→ Class A Common Stock (13,000 underlying)
Holdings
- 12,802
Class A Common Stock
Footnotes (4)
- [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 15, 2016.
- [F2]Includes unvested restricted stock units.
- [F3]Includes 476 shares acquired on July 1, 2015, under the Rush Enterprises, Inc. Employee Stock Purchase Plan ("ESPP") and 571 shares acquired on January 1, 2016, under the ESPP.
- [F4]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.