Universal Truckload Services, Inc. 4
4 · Universal Truckload Services, Inc. · Filed Mar 9, 2015
Insider Transaction Report
Form 4
Rogers Jeff
DirectorChief Executive Officer
Transactions
- Award
Common Stock, no par value
2015-03-05$25.18/sh+10,000$251,800→ 10,000 total
Footnotes (2)
- [F1]Represents grants of restricted common stock which vested 25% on March 5, 2015, and an additional 25% will vest on each anniversary of the grant through March 5, 2018, subject to continued employment with Universal Truckload Services, 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 March 5, 2015, which was the fair market value of the shares as of the vesting date was $25.18.