SEC Form 4 · accession 0001140361-16-053666
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Allie Craig
Officer — President - SCS
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883945
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2016 | A | 41,587 | $0.00 | A | 41,587 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents awards of restricted stock to the reporting person under the issuer's 2014 Omnibus Incentive Plan. Of the reported shares, subject to continued employment and certain other forfeiture and vesting provisions, (i) 7,448 shares are subject to performance vesting requirements with a performance period from January 1, 2016, through December 31, 2016, with any such shares whereby the performance requirements were satisfied vesting in equal annual installments through January 31, 2020, (ii) 18,621 shares are subject to performance vesting requirements, with a performance period from January 1, 2016, through December 31, 2018, and (iii) 15,518 shares are subject to a performance vesting requirement, with a measurement period from January 1, 2018 through December, 31, 2018, and early vesting if the performance requirement is attained in any four consecutive quarters between the December 31, 2016 fiscal quarter and the September 30, 2018 fiscal quarter.