Jonathan Shepko - Dec 31, 2023 Form 4 Insider Report for Daseke, Inc. (DSKE)

Role: CEO, Director
Signature: /s/ Soumit Roy, attorney-in-fact
Stock symbol: DSKE
Transactions as of: Dec 31, 2023
Transactions value $: -$290,037
Form type: 4
Date filed: 1/3/2024, 05:12 PM
Previous filing: Aug 22, 2023
Next filing: Mar 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DSKE	Common Stock	Options Exercise	$0	+61.6K	+16.12%	$0.00	444K	Dec 31, 2023	Direct	F1
transaction	DSKE	Common Stock	Tax liability	-$196K	-24.2K	-5.46%	$8.10	419K	Dec 31, 2023	Direct
transaction	DSKE	Common Stock	Options Exercise	$0	+29.4K	+7.02%	$0.00	449K	Dec 31, 2023	Direct	F2
transaction	DSKE	Common Stock	Tax liability	-$93.8K	-11.6K	-2.58%	$8.10	437K	Dec 31, 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DSKE	Restricted Stock Unit	Options Exercise	$0	-61.6K	-17.61%	$0.00	288K	Dec 31, 2023	Common Stock	61.6K		Direct	F1
transaction	DSKE	Restricted Stock Unit	Options Exercise	$0	-29.4K	-10.22%	$0.00	259K	Dec 31, 2023	Common Stock	29.4K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 2, 2021, the Reporting Person received 184,645 restricted stock units ("RSUs") (61,542 of which vested on August 2, 2022; 61,542 of which vested on January 1, 2023; and 61,561 of which vested on December 31, 2023). The RSUs that vested on December 31, 2023 were initially scheduled to vest on January 1, 2024; the vesting date of such RSUs was accelerated in order to mitigate impacts that could arise under Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"). Each RSU represented a contingent right to receive one share of the Issuer's common stock. Upon vesting, RSUs were settled in shares of the Issuer's common stock.
F2	On February 28, 2022, the Reporting Person received 88,308 RSUs (29,433 of which vested on March 1, 2023; 29,433 of which vested on December 31, 2023; and 29,442 of which are scheduled to vest on January 1, 2025). The RSUs that vested on December 31, 2023 were initially scheduled to vest on January 1, 2024; the vesting date of such RSUs was accelerated in order to mitigate impacts that could arise under Section 280G of the Code. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Upon vesting, RSUs were settled in shares of the Issuer's common stock.

Content

On August 2, 2021, the Reporting Person received 184,645 restricted stock units ("RSUs") (61,542 of which vested on August 2, 2022; 61,542 of which vested on January 1, 2023; and 61,561 of which vested on December 31, 2023). The RSUs that vested on December 31, 2023 were initially scheduled to vest on January 1, 2024; the vesting date of such RSUs was accelerated in order to mitigate impacts that could arise under Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"). Each RSU represented a contingent right to receive one share of the Issuer's common stock. Upon vesting, RSUs were settled in shares of the Issuer's common stock.

On February 28, 2022, the Reporting Person received 88,308 RSUs (29,433 of which vested on March 1, 2023; 29,433 of which vested on December 31, 2023; and 29,442 of which are scheduled to vest on January 1, 2025). The RSUs that vested on December 31, 2023 were initially scheduled to vest on January 1, 2024; the vesting date of such RSUs was accelerated in order to mitigate impacts that could arise under Section 280G of the Code. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Upon vesting, RSUs were settled in shares of the Issuer's common stock.