Eric A. Peterson - 14 Mar 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role: Chief Financial Off. & Treas.
Signature: /s/ Eric A. Peterson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Issuer symbol: USX
Transactions as of: 14 Mar 2022
Transactions value $: -$25,764
Form type: 4
Filing time: 16 Mar 2022, 16:51:24 UTC
Previous filing: 02 Mar 2022
Next filing: 15 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USX	Class A Common Stock	Options Exercise		+33,329	+6.7%		533,472	14 Mar 2022	Direct	F1
transaction	USX	Class A Common Stock	Tax liability	-$25,764	-6,048	-1.1%	$4.26	527,424	15 Mar 2022	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	-33,329	-33%	$0	66,688	14 Mar 2022	Class A Common Stock	33,329		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 in two approximately equal installments on each of March 14, 2023 and 2024, subject to continuous employment through each respective vesting date and certain other termination and forfeiture conditions.