Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class B Common Stock, $.01 Par Value^F1,F2	Aug 19, 2016	S	13,700	$23.878	D	1,107,530	I	See Footnote
Class B Common Stock, $.01 Par Value^F1,F2	Aug 22, 2016	S	86,300	$23.7022	D	1,021,230	I	See Footnote
Class B Common Stock, $.01 Par Value^F1,F2	Aug 23, 2016	S	15,648	$24.4079	D	1,005,582	I	See Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The filing of this Form 4 shall not be construed as an admission that Ancient Art, L.P. ("Ancient Art"), Whitney, L.P. ("Whitney"), Trango II, L.L.C., the general partner of both Ancient Art and Whitney, and Quincy J. Lee, the principal of Trango, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Class B Common Stock, $.01 Par Value (the "Common Stock"), of Rush Enterprises, Inc. (the "Issuer") purchased by Teton Capital Partners, L.P. (the "Fund"). Pursuant to Rule 16a-1, Ancient Art, Whitney, Trango and Mr. Lee disclaim such beneficial ownership except to the extent of its or his spective pecuniary interest therein.
F2The Fund, for which Ancient Art is the investment manager and Whitney is the general partner, holds 1,005,582 shares of Common Stock of the Issuer. Trango is the general partner of both Ancient Art and Whitney. Quincy J. Lee reports the Common Stock held indirectly by Ancient Art, Whitney and Trango because, as the principal of Trango at the time of purchase, he controlled the disposition and voting of the securities.