SEC Form 4 · accession 0001179110-15-004677
RUSH ENTERPRISES INC \TX\ · RUSHA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Rusty Rush
Officer — CEO and President · Director · 10% Owner
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 7:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001012019
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 6, 2015 | M | 45,000 | $10.507 | A | 82,061 | D | |
| Class A Common Stock | holding | — | — | — | 1,486 | I | By 3MR Partners, L.P. | |
| Class B Common StockF1 | holding | — | — | — | 37,061 | D | ||
| Class B Common Stock | holding | — | — | — | 1,623,636 | I | By 3MR Partners, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2,F3 | $10.507 | Mar 6, 2015 | M | 45,000 | D | — | Mar 15, 2015 | Class A Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1Includes unvested restricted stock units.
- F2This option was previously reported as covering 30,000 shares at an exercise price of $15.76 per share but was adjusted as a result of the 3-for-2 stock split of Rush Enterprises, Inc.'s Common Stock on October 10, 2007.
- F3Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.