Gard Joel 4
4 · US XPRESS ENTERPRISES INC · Filed Feb 25, 2022
Insider Transaction Report
Form 4
Gard Joel
Pres. of Xpress Technologies
Transactions
- Award
Class A Common Stock
[F1]2022-02-23+27,556→ 105,469 total - Award
Performance Restricted Stock Units
[F2][F3]2022-02-23+6,889→ 6,889 total→ Class A Common Stock (6,889 underlying)
Footnotes (3)
- [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]The Performance Restricted Stock Units ("PRSUs") represent the contingent right to receive one share of the issuer's Class A Common Stock.
- [F3]The 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|2022-02-25