Jason Grear - 13 Jun 2022 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 2022
Transactions value $
-$614
Form type
4
Filing time
15 Jun 2022, 17:06:56 UTC
Previous filing
16 Mar 2022
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USX Class A Common Stock Options Exercise +938 +1.53% 62,076 13 Jun 2022 Direct F1
transaction USX Class A Common Stock Tax liability -$613 -229 -0.37% $2.68 61,847 13 Jun 2022 Direct
holding USX Class A Common Stock 18,033 13 Jun 2022 IRA

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 -100% $0* 0 13 Jun 2022 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.