Fuller Family Enterprises, LLC 4
4 · US XPRESS ENTERPRISES INC · Filed May 21, 2020
Insider Transaction Report
Form 4
FULLER MAX L
DirectorExecutive Chairman10% OwnerOther
Transactions
- Purchase
Class A Common Stock
2020-05-19$4.06/sh+47,781$193,824→ 808,636 total(indirect: Member) - Purchase
Class A Common Stock
2020-05-20$4.20/sh+34,534$145,181→ 843,170 total(indirect: Member)
Holdings
- 199,989
Class B Common Stock
- 85,452
Class A Common Stock
- 8,261,776(indirect: Member)
Class B Common Stock
- 1,993,269(indirect: By Trust)
Class B Common Stock
Footnotes (6)
- [F1]The price reflects a weighted average purchase price for multiple transactions ranging from $3.86 to $4.14, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F2]Shares held by Fuller Family Enterprises, LLC, in which Mr. Max Fuller and Ms. Janice Fuller are each members. Mr. Max Fuller and Ms. Janice Fuller each disclaim beneficial ownership of these securities except to the extent of his or her respective 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 securities for purposes of Section 16 or for any other purpose.
- [F3]The price reflects a weighted average purchase price for multiple transactions ranging from $4.08 to $4.30, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F4]Shares held by Mr. Max Fuller.
- [F5]Shares held by the Max L. Fuller 2008 Irrevocable Trust FBO William E. Fuller, over which Ms. Janice Fuller and her son, Mr. Eric Fuller, are the co-trustees and have shared dispositive power and Mr. Eric Fuller has sole voting power. Mr. Max Fuller and Ms. Janice Fuller each disclaim beneficial ownership of these securities except to the extent of his or her respective 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 securities for purposes of Section 16 or for any other purposes.
- [F6]Represents (i) 2,753,926 shares of Class B common stock held by FSBSPE 1, LLC (ii) 2,753,925 shares of Class B common stock held by FSBSPE 2, LLC, and (iii) 2,753,925 shares of Class B common stock held by FSBSPE 3, LLC. FSBSPE 1, LLC FSBSPE 2, LLC, and FSBSPE 3, LLC are wholly owned subsidiaries of Fuller Family Enterprises, LLC, in which Mr. Max Fuller and Ms. Janice Fuller are each members. Mr. Max Fuller and Ms. Janice Fuller each disclaim beneficial ownership of these securities except to the extent of his or her respective 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 securities for purposes of Section 16 or for any other purpose.