Danna K. Bailey - 21 Feb 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Signature
/s/ Danna K. Bailey, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Issuer symbol
USX
Transactions as of
21 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 15:47:04 UTC
Previous filing
17 Feb 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +1,875 +4.5% 43,598 21 Feb 2022 Direct F1
holding USX Class A Common Stock 1,600 21 Feb 2022 By Spouse

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 -1,875 -50% $0.000000 1,875 21 Feb 2022 Class A Common Stock 1,875 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 The remaining RSUs will vest on February 21, 2023 and are subject to certain vesting, forfeiture, and termination provisions.