Jason Grear - 21 Feb 2023 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role: SVP & Chief Accounting Officer
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: 21 Feb 2023
Transactions value $: $0
Form type: 4
Filing time: 23 Feb 2023, 16:51:50 UTC
Previous filing: 15 Jun 2022
Next filing: 05 Jul 2023
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		+1,596	+2.6%		63,443	21 Feb 2023	Direct	F1
transaction	USX	Class A Common Stock	Award	$0	+20,408	+32%	$0	83,851	22 Feb 2023	Direct	F2
holding	USX	Class A Common Stock						18,033	21 Feb 2023	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	-1,596	-100%	$0^*	0	21 Feb 2023	Class A Common Stock	1,596		Direct	F1

* 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	Represents a restricted stock award under the 2018 Omnibus Incentive Plan, as amended. The award vests in four approximately equal installments on each of March 15, 2024, 2025, 2026, and 2027 and is subject to certain vesting, forfeiture, and termination provisions.