Lawson Jacob 4
4 · US XPRESS ENTERPRISES INC · Filed Jan 20, 2021
Insider Transaction Report
Form 4
Lawson Jacob
Chief Commercial Officer
Transactions
- Award
Class A Common Stock
[F1]2021-01-18+86,786→ 86,786 total - Tax Payment
Class A Common Stock
[F2]2021-01-18$7.33/sh−25,784$188,997→ 61,002 total - Award
Restricted Stock Units
[F3][F4]2021-01-18+50,000→ 50,000 total→ Class A Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Represents a stock award under the 2018 Omnibus Incentive Plan, as amended.
- [F2]Represents the number of shares deemed withheld to satisfy tax withholding obligations upon receipt of stock under the 2018 Omnibus Incentive Plan, as amended.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A Common Stock.
- [F4]The RSUs will vest in four equal installments on each of March 15, 2022, 2023, 2024, and 2025, and are subject to certain vesting, forfeiture, and termination provisions.
Signature
/s/ Jacob Lawson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC|2021-01-20