SEC Form 4 · accession 0001140361-18-029333
US XPRESS ENTERPRISES INC · USX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Lisa M Pate
Officer — Chief Administrative Officer · Director · 10% Owner · Other
Period of report
Jun 18, 2018
Accepted (ET)
Jun 20, 2018 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000923571
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | Jun 18, 2018 | S | 790,602 | $15.00 | D | 2,583,914 | I | Trustee |
| Class B Common StockF3,F4 | Jun 18, 2018 | S | 1,250,000 | $16.00 | D | 150,005 | I | Managing General Partner |
| Class B Common StockF5 | holding | — | — | — | 222,222 | D | ||
| Class A Common StockF5 | holding | — | — | — | 9,375 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of the Company's Class B common stock sold on June 18, 2018 in the Issuer's initial public offering and Class B common stock sold upon the exercise of the underwriters' over-allotment option in such offering at a price per share of $15.00, representing the initial public offering price of $16.00 per share, less underwriting discounts and commissions of $1.00 per share. Each share of Class B common stock converted to one share of Class A common stock upon sale.
- F2Shares held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate of which Ms. Lisa M. Pate is the sole trustee.
- F3Represents shares of the Company's Class B common stock sold on June 18, 2018, to an entity affiliated with the issuer's Chairman of the Board, Max Fuller, and to the issuer's President and Chief Executive Officer, William E. Fuller.
- F4Shares held by Quinn Family Partners, L.P., in which Ms. Lisa M. Pate is the managing general partner. Ms. Pate disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purposes.
- F5Shares held by Ms. Lisa M. Pate.