Jason Grear - 13 Jun 2021 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Signature
/s/ Jason Grear, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Issuer symbol
USX
Transactions as of
13 Jun 2021
Transactions value $
-$2,382
Form type
4
Filing time
15 Jun 2021, 17:24:36 UTC
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +938 +1.8% 53,040 13 Jun 2021 Direct F1
transaction USX Class A Common Stock Tax liability -$2,381 -229 -0.43% $10.4 52,811 13 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USX Restricted Stock Units Options Exercise $0 -938 -50% $0 938 13 Jun 2021 Class A Common Stock 938 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
F2 On June 13, 2018, Mr. Grear was granted 3,751 RSUs, vesting in four approximately equal installments on each of June 13, 2019, 2020, 2021, and 2022, subject to certain vesting, forfeiture, and termination provisions.