Fuller William Eric 4
4 · US XPRESS ENTERPRISES INC · Filed Mar 16, 2023
Insider Transaction Report
Form 4
Fuller William Eric
DirectorPresident & CEO10% OwnerOther
Transactions
- Exercise/Conversion
Class B Common Stock
2023-03-14+53,331→ 848,528 total - Exercise/Conversion
Restricted Stock Units
2023-03-14−53,331→ 53,347 total→ Class B Common Stock (53,331 underlying) - Tax Payment
Class A Common Stock
2023-03-15$1.64/sh−33,541$55,007→ 736,290 total
Holdings
- 1,993,269(indirect: By Trust)
Class B Common Stock
- 1,609,613(indirect: Managing General Partner)
Class B Common Stock
Footnotes (6)
- [F1]Restricted Stock Units ("RSUs") convert into Class B common stock on a one-for-one basis.
- [F2]Shares held by Mr. Eric Fuller.
- [F3]Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the reporting person.
- [F4]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.
- [F5]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.
- [F6]The remaining RSUs will vest on March 14, 2024, subject to continuous employment through the vesting date and certain other termination and forfeiture conditions.