Jody Pollard - Jul 28, 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Senior Vice President
Signature
/s/ Matthew D. Willcox, Attorney in Fact for Jody Pollard
Stock symbol
RUSHA
Transactions as of
Jul 28, 2023
Transactions value $
-$93,063
Form type
4
Date filed
7/28/2023, 04:59 PM
Previous filing
Mar 17, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class A Common Stock Options Exercise $43.1K +2.14K +133.47% $20.18 3.73K Jul 28, 2023 Direct
transaction RUSHA Class A Common Stock Sale -$136K -2.14K -57.17% $63.77 1.6K Jul 28, 2023 Direct F1

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 RUSHA Option (right to buy) Options Exercise $0 -2.14K -100% $0.00* 0 Jul 28, 2023 Class A Common Stock 2.14K $20.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.74 to $63.84. 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.
F2 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.