SEC Form 4 · accession 0001179110-16-021874
RUSH ENTERPRISES INC \TX\ · RUSHA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Keller
Officer — SVP, CFO & Treasurer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 7:59 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 B Common StockF1,F2 | Mar 15, 2016 | A | 10,400 | $0.00 | A | 38,400 | D | |
| Class A Common Stock | holding | — | — | — | 35,154 | D |
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)F3 | $17.65 | Mar 15, 2016 | A | 13,000 | A | — | Mar 15, 2026 | Class A Common Stock | 13,000 | 13,000 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units (RSUs) that will entitle the reporting person to receive one share of the Company's Class B Common Stock for each RSU that vests. The RSUs vest in increments of 1/3 on each of the first, second, and third anniversary of the grant date, which is March 15, 2016.
- F2Includes unvested restricted stock units.
- 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.