Steven L. Keller - Mar 15, 2022 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHB)

Role: CFO & Treasurer
Signature: Steven L. Keller
Stock symbol: RUSHB
Transactions as of: Mar 15, 2022
Transactions value $: -$217,614
Form type: 4
Date filed: 3/17/2022, 06:21 PM
Previous filing: Mar 15, 2022
Next filing: May 26, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUSHB	Class B Common Stock	Tax liability	-$127K	-2.54K	-1.96%	$49.90	127K	Mar 15, 2022	Direct	F1, F2
transaction	RUSHB	Class B Common Stock	Tax liability	-$90.7K	-1.82K	-1.43%	$49.90	126K	Mar 15, 2022	Direct	F2, F3
transaction	RUSHB	Class B Common Stock	Award	$0	+17K	+13.54%	$0.00	143K	Mar 15, 2022	Direct	F2, F4
holding	RUSHB	Class A Common Stock						57K	Mar 15, 2022	Direct	F5, F6

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)	Award	$0	+10K		$0.00	10K	Mar 15, 2022	Class A Common Stock	10K	$53.04	Direct	F7

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

Explanation of Responses:

Id	Content
F1	Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2019.
F2	Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F3	Shares reported are shares not distributed to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2021.
F4	Reflects the grant of RSAs. The RSAs vest in increments of 1/3 on each of the first, second, and third anniversary of the grant date, which is March 15, 2022.
F5	Includes 308.9005 shares acquired on July 1, 2021, and 288.5869 shares acquired on January 1, 2022, under the Rush Enterprises, Inc. Employee Stock Purchase Plan.
F6	Includes certain shares included in the Company's deferred compensation plan.
F7	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.