Michael L. Ducker - May 25, 2022 Form 4 Insider Report for US XPRESS ENTERPRISES INC (USX)

Role
Director
Signature
/s/ Michael L. Ducker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
USX
Transactions as of
May 25, 2022
Transactions value $
$0
Form type
4
Date filed
5/26/2022, 05:33 PM
Previous filing
May 17, 2022
Next filing
Jun 17, 2022

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 USX Restricted Stock Units Award $0 +16.7K $0.00 16.7K May 25, 2022 Class A Common Stock 16.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A Common Stock.
F2 The RSUs will vest on June 15, 2023, subject to certain vesting and forfeiture provisions. The number of RSUs granted to the reporting person was determined by dividing the annual equity retainer amount of $75,000 by a floor price of $4.50 per share.