SEC Form 4 · accession 0001437749-18-003821
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Reed
Officer — President and CEO · Director
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 7:07 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,F2 | Feb 28, 2018 | D | 5,280 | $0.00 | D | 60,031 | D | |
| Common StockF3,F2 | Feb 28, 2018 | F | 276 | $25.56 | D | 59,755 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the forfeiture of restricted stock originally granted under the USA Truck, Inc. 2014 Omnibus Incentive Plan on March 8, 2017, due to the issuer not achieving the established performance targets, as certified by the issuer's executive compensation committee on the transaction date.
- F2The amount includes shares purchased by the reporting person from the USA Truck, Inc., Employee Stock Purchase Plan that have not been previously reported.
- F3Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person.