SEC Form 4 · accession 0001437749-18-005616
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George T Henry
Officer — SVP - USAT Logistics
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 7:58 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 23, 2018 | A | 6,563 | $0.00 | A | 6,563 | 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) 2,625 shares are subject to time-based vesting in four equal annual installments beginning on the first anniversary of the grant date and (ii) 3,938 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.