SEC Form 4 · accession 0001437749-16-030272
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Borrows
Officer — EVP, Chief Financial Officer
Period of report
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 9:10 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,F2 | Apr 26, 2016 | A | 16,611 | $0.00 | A | 54,122 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF3 | — | Apr 26, 2016 | A | 10,000 | A | — | Jan 14, 2019 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Represents an award of restricted stock to the reporting person under the USA Truck, Inc. 2014 Omnibus Incentive Plan.
- F2The amount includes shares purchased by the reporting person from the USA Truck, Inc. Employee Stock Purchase Plan that have not been previously reported.
- F3Each performance right represents the right to receive one share of USA Truck common stock. The rights will vest based on the Company's common stock achieving a certain trading price during the 20 trading days preceding January 14, 2019.