Jon Beizer - 25 May 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role
Director
Signature
/s/ Jon Beizer, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Issuer symbol
USX
Transactions as of
25 May 2022
Transactions value $
$0
Form type
4
Filing time
26 May 2022, 17:36:32 UTC
Previous filing
17 Feb 2022
Next filing
17 Jun 2022
SEC
View on sec.gov

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 Award $0 +16,667 $0 16,667 25 May 2022 Class A Common Stock 16,667 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A Common Stock.
F2 The RSUs will vest on June 15, 2023, subject to certain vesting and forfeiture provisions. The number of RSUs granted to the reporting person was determined by dividing the annual equity retainer amount of $75,000 by a floor price of $4.50 per share.