Pate Lisa M 4
4 · US XPRESS ENTERPRISES INC · Filed May 12, 2020
Insider Transaction Report
Form 4
Pate Lisa M
DirectorChief Administrative Officer10% OwnerOther
Transactions
- Disposition to Issuer
Class A Common Stock
2019-08-13−7,032→ 101,772 total - Exercise/Conversion
Restricted Stock Units
2020-05-09−9,147→ 0 total→ Class A Common Stock (9,147 underlying) - Exercise/Conversion
Class A Common Stock
2020-05-09+9,147→ 110,919 total
Holdings
- 319,994
Class B Common Stock
- 2,583,914(indirect: By Trust)
Class B Common Stock
- 150,005(indirect: Managing General Partner)
Class B Common Stock
Footnotes (6)
- [F1]Represents shares of restricted stock that were forfeited upon Ms. Pate's resignation from the issuer's board of directors.
- [F2]Shares held by Ms. Pate.
- [F3]Each restricted stock unit ("RSU") convert into the issuer's Class A Common Stock on a one-for-one basis.
- [F4]Shares held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate of which Ms. Pate is the sole trustee.
- [F5]Shares held by the Quinn Family Partners, L.P., in which Ms. Pate is the managing general partner. 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.
- [F6]The RSUs were granted on August 20, 2019 and were scheduled to vest upon the earlier of May 9, 2020 and the issuer's 2020 annual meeting of stockholders, subject to certain vesting and forfeiture provisions.