Fuller William Eric 4
4 · US XPRESS ENTERPRISES INC · Filed Feb 25, 2022
Insider Transaction Report
Form 4
Fuller William Eric
DirectorPresident & CEO10% OwnerOther
Transactions
- Award
Performance Restricted Stock Units
2022-02-23+55,556→ 55,556 total→ Class A Common Stock (55,556 underlying) - Award
Class A Common Stock
2022-02-23+222,222→ 617,061 total
Holdings
- 741,866
Class B Common Stock
- 1,993,269(indirect: By Trust)
Class B Common Stock
- 1,609,613(indirect: Managing General Partner)
Class B Common Stock
Footnotes (6)
- [F1]Represents a restricted stock award under the 2018 Omnibus Incentive Plan, as amended. The award vests in four approximately equal installments on each of March 15, 2023, 2024, 2025, and 2026 and is subject to certain vesting, forfeiture, and termination provisions.
- [F2]Shares held by Mr. Eric Fuller.
- [F3]Shares held by the Max L. Fuller 2008 Irrevocable Trust FBO William E. Fuller (the "Trust") of which Mr. Eric Fuller is a co-trustee, along with his mother, Ms. Janice Fuller. Mr. Eric Fuller and Ms. Janice Fuller have shared dispositive power with respect to shares held in the Trust, and Mr. Eric Fuller has sole voting power.
- [F4]Shares held by Max Fuller Limited Partnership, in which Mr. Eric Fuller is the managing general partner. Mr. Eric Fuller disclaims beneficial ownership of these securities except to the extent of his 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.
- [F5]The Performance Restricted Stock Units ("PRSUs") represent the contingent right to receive one share of the issuer's Class A Common Stock.
- [F6]The PRSUs will vest upon achievement of certain performance goals, subject to certain vesting, forfeiture, and termination provisions.