SEC Form 4 · accession 0001140361-15-009409
Hub Group, Inc. · HUBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Yeager
Officer — Vice Chairman, President & COO · Director
Period of report
Feb 26, 2015
Accepted (ET)
Feb 27, 2015 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000940942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 26, 2015 | S | 25,000 | $40.00 | D | 315,044 | D | |
| Class A Common Stock | holding | — | — | — | 57,728 | I | By Trust | |
| Class B Common StockF3 | holding | — | — | — | 86,794 | D | ||
| Class B Common StockF3 | holding | — | — | — | 48,715 | I | By Trust | |
| Class B Common StockF3 | holding | — | — | — | 19,907 | I | By Trust | |
| Class B Common StockF4 | holding | — | — | — | 87,866 | I | By Trust | |
| Class B Common StockF4 | holding | — | — | — | 87,866 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Yeager on November 18, 2014.
- F261,864 of the shares of Class A Common Stock are restricted stock subject to vesting requirements.
- F3The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.
- F4The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.