SEC Form 4 · accession 0001179110-17-010920

RUSH ENTERPRISES INC \TX\ · RUSHA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Scott T Anderson

Officer — Senior Vice President

Period of report

Jul 28, 2017

Accepted (ET)

Aug 1, 2017 · 7:50 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
Class A Common Stock	Jul 28, 2017	M	5,999	$12.50	A	21,743	D
Class A Common Stock	Jul 28, 2017	S	5,999	$42.1818	D	15,744	D
Class A Common Stock	Jul 28, 2017	M	11,999	$18.74	A	27,743	D
Class A Common Stock^F1	Jul 28, 2017	S	11,999	$42.0692	D	15,744	D
Class A Common Stock	Jul 28, 2017	M	18,000	$23.48	A	33,744	D
Class A Common Stock^F2	Jul 28, 2017	S	18,000	$41.9472	D	15,744	D
Class A Common Stock	Jul 28, 2017	M	6,667	$25.70	A	22,411	D
Class A Common Stock^F3	Jul 28, 2017	S	6,667	$41.8283	D	15,744	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)^F4	$12.50	Jul 28, 2017	M	5,999	D	—	Mar 15, 2020	Class A Common Stock	5,999	0	D
Option (right to buy)^F4	$18.74	Jul 28, 2017	M	11,999	D	—	Mar 15, 2021	Class A Common Stock	11,999	0	D
Option (right to buy)^F4	$23.48	Jul 28, 2017	M	18,000	D	—	Mar 15, 2022	Class A Common Stock	18,000	0	D
Option (right to buy)^F4	$25.70	Jul 28, 2017	M	6,667	D	—	Mar 15, 2023	Class A Common Stock	6,667	3,333	D

Explanation of responses

F1This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.96 to $42.165. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.90 to $41.94. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.71 to $42.00. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4Options 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.