T. Anderson - Oct 22, 2021 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role
Senior Vice President
Signature
Steven L. Keller, Attorney in Fact for Scott T. Anderson
Stock symbol
RUSHB
Transactions as of
Oct 22, 2021
Transactions value $
-$1,008,206
Form type
4
Date filed
10/26/2021, 05:54 PM
Next filing
Oct 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHB Class A Common Stock Options Exercise $76.4K +6.5K +116.13% $11.76 12.1K Oct 22, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$340K -6.5K -53.73% $52.27 5.6K Oct 22, 2021 Direct F1, F2
transaction RUSHB Class A Common Stock Options Exercise $113K +5K +89.34% $22.59 10.6K Oct 22, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$261K -5K -47.19% $52.27 5.6K Oct 22, 2021 Direct F1, F2
transaction RUSHB Class A Common Stock Options Exercise $143K +5K +89.38% $28.66 10.6K Oct 22, 2021 Direct F1
transaction RUSHB Class A Common Stock Sale -$261K -5K -47.2% $52.27 5.6K Oct 22, 2021 Direct F1, F2
transaction RUSHB Class B Common Stock Sale -$478K -9K -6.88% $53.17 122K Oct 25, 2021 Direct F1, F3

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 RUSHB Option (right to buy) Options Exercise $0 -6.5K -100% $0.00* 0 Oct 22, 2021 Class A Common Stock 6.5K $11.76 Direct F4
transaction RUSHB Option (right to buy) Options Exercise $0 -5K -50.01% $0.00 5K Oct 22, 2021 Class A Common Stock 5K $22.59 Direct F4
transaction RUSHB Option (right to buy) Options Exercise $0 -5K -33.35% $0.00 10K Oct 22, 2021 Class A Common Stock 5K $28.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes certain shares included in the Rush Enterprises, Inc. Deferred Compensation Plan.
F2 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.67 to $52.80. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.15 to $53.70. The reporting person undertakes to provide Rush Enterprises, Inc., any security holder of Rush Enterprises, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.