SEC Form 4 · accession 0001140361-16-059548
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nari Martin Tewari
Officer — President-Trucking
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 4:54 pm EDT
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 | Mar 28, 2016 | A | 22,580 | $0.00 | A | 57,796 | 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) 6,451 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, and (ii) 16,129 shares are subject to performance vesting requirements, with a performance period from January 1, 2016, through December 31, 2018.