SEC Form 4 · accession 0001437749-18-005499
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zachary B King
Officer — VP, Corporate Controller
Period of report
Mar 22, 2018
Accepted (ET)
Mar 26, 2018 · 6:51 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 22, 2018 | A | 1,928 | $0.00 | A | 3,886 | D | |
| Common StockF2 | Mar 22, 2018 | A | 2,150 | $0.00 | A | 6,036 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of restricted stock to the reporting person under the USA Truck, Inc. 2014 Omnibus Incentive Plan. Of the reported shares, (i) 771 shares are subject to time-based vesting in four equal annual installments beginning on the first anniversary of the grant date and (ii) 1,157 shares are subject to performance-based vesting at the conclusion of a three-year performance period ending December 31, 2020. Vesting of the restricted shares is subject to continued employment and certain other forfeiture and acceleration provisions.
- F2Represents an award of restricted stock to the reporting person under the USA Truck, Inc. 2014 Omnibus Incentive Plan, which vests in three equal annual installments commencing on the first anniversary of the grant date, and is subject to continued employment and certain other forfeiture and acceleration provisions.