SEC Form 4 · accession 0001567619-19-005391
US XPRESS ENTERPRISES INC · USX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Matt Herndon
Officer — Chief Operating Officer
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 8:50 pm EST
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 A Common StockF1 | Feb 21, 2019 | A | 15,957 | $0.00 | A | 62,720 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F2,F3 | $9.40 | Feb 21, 2019 | A | 0 | A | — | Feb 21, 2029 | Class A Common Stock | 0 | 0 | D |
Explanation of responses
- F1Represents a restricted stock award under the 2018 Omnibus Incentive Plan. The award vests in four equal installments on each of February 21, 2020, 2021, 2022, and 2023, and is subject to certain vesting, forfeiture, and termination provisions.
- F2The issuer has not finalized its option pricing model to determine the number of stock options granted to the reporting person. When the number of stock options granted is determined, this Form 4 will be amended to disclose the number of stock options granted.
- F3Options vest in four equal installments on each of February 21, 2020, 2021, 2022, and 2023, and is subject to certain vesting, forfeiture, and termination provisions.