SEC Form 4 · accession 0001179110-17-010921
RUSH ENTERPRISES INC \TX\ · RUSHA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Keller
Officer — CFO & Treasurer
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 7:52 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 Stock | Jul 28, 2017 | M | 5,100 | $15.52 | A | 41,411 | D | |
| Class A Common StockF1 | Jul 28, 2017 | S | 5,100 | $41.8114 | D | 36,311 | D | |
| Class A Common Stock | Jul 28, 2017 | M | 12,000 | $7.67 | A | 48,311 | D | |
| Class A Common StockF1 | Jul 28, 2017 | S | 12,000 | $41.8114 | D | 36,311 | 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)F2 | $15.52 | Jul 28, 2017 | M | 5,100 | D | — | Mar 15, 2018 | Class A Common Stock | 5,100 | 0 | D |
| Option (right to buy)F2 | $7.67 | Jul 28, 2017 | M | 12,000 | D | — | Mar 13, 2019 | Class A Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.28 to $42.25. 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.
- F2Options 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.