SEC Form 4 · accession 0001437749-18-008390
USA TRUCK INC · USAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy W Guin
Officer — EVP & Chief Commercial Officer
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 4:53 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 | Apr 30, 2018 | A | 16,645 | $0.00 | A | 16,645 | 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) 4,994 shares are subject to time-based vesting in four equal annual installments beginning on the first anniversary of the grant date, (ii) 7,490 shares are subject to performance-based vesting at the conclusion of a three-year performance period ending December 31, 2020, and (iii) 4,161 shares are subject to time-based vesting, vesting in equal annual increments on each of the first and second anniversaries of the grant date. Vesting of the restricted shares is subject to continued employment and certain other forfeiture and acceleration provisions.