Gard Joel 4
4 · US XPRESS ENTERPRISES INC · Filed Oct 12, 2021
Insider Transaction Report
Form 4
Gard Joel
Pres. of Xpress Technologies
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2021-10-07+10,000→ 76,862 total - Tax Payment
Class A Common Stock
2021-10-07$8.71/sh−2,435$21,209→ 74,427 total - Exercise/Conversion
Performance Restricted Stock Units
[F1][F3]2021-10-07−10,000→ 65,000 total→ Class A Common Stock (10,000 underlying)
Footnotes (3)
- [F1]The Performance Restricted Stock Units ("PRSUs") convert into the issuer's Class A Common Stock on a one-for-one basis.
- [F2]Includes 1,790 shares of Class A Common Stock acquired under the issuer's Employee Stock Purchase Plan on June 30, 2021, in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F3]The 10,000 PRSUs vested on October 7, 2021 upon the achievement of certain performance goals. The remaining PRSUs will vest upon achievement of certain performance goals, subject to certain vesting, forfeiture, and termination provisions.
Signature
/s/ Joel Gard, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC|2021-10-12