SEC Form 4 · accession 0001179110-18-004628
RUSH ENTERPRISES INC \TX\ · RUSHA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Thor
Officer — Senior Vice President
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 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, 2018 | A | 12,400 | $0.00 | A | 57,761 | D | |
| Class B Common StockF3,F2 | Mar 15, 2018 | F | 843 | $40.46 | D | 56,918 | D | |
| Class B Common StockF4,F2 | Mar 15, 2018 | F | 1,006 | $40.46 | D | 55,912 | D | |
| Class A Common StockF5 | holding | — | — | — | 21,598 | 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)F6 | $42.99 | Mar 15, 2018 | A | 10,000 | A | — | Mar 15, 2028 | Class A Common Stock | 10,000 | 10,000 | 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, 2018.
- F2Includes unvested restricted stock units.
- F3Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant that occurred on March 15, 2016.
- F4Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant that occurred on March 15, 2017.
- F5Includes 391 shares acquired on July 1, 2017, under the Rush Enterprises, Inc. Employee Stock Option Plan ("ESPP") and 325 shares acquired on January 1, 2018 under the ESPP.
- F6Options 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.