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USX US Xpress Enterprises Inc

6.14
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
US Xpress Enterprises Inc NYSE:USX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.14 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

12/05/2020 10:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pate Lisa M
2. Issuer Name and Ticker or Trading Symbol

US XPRESS ENTERPRISES INC [ USX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
Trustee & Managing GP
(Last)          (First)          (Middle)

11227 MEADOWVIEW ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

8/13/2019
(Street)

GEORGETOWN, TN 37336
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 8/13/2019  D(1)  7032 D$0 101772 D (2) 
Class A Common Stock 5/9/2020  M  9147 A$0 (3)110919 D (2) 
Class B Common Stock         319994 D (2) 
Class B Common Stock         2583914 I (4)Trustee 
Class B Common Stock         150005 I (5)Managing General Partner 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (3)5/9/2020  M     9147   (6) (6)Class A Common Stock 9147 $0 0 D (2) 

Explanation of Responses:
(1) Represents shares of restricted stock that were forfeited upon Ms. Pate's resignation from the issuer's board of directors.
(2) Shares held by Ms. Pate.
(3) Each restricted stock unit ("RSU") convert into the issuer's Class A Common Stock on a one-for-one basis.
(4) Shares held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate of which Ms. Pate is the sole trustee.
(5) Shares held by the Quinn Family Partners, L.P., in which Ms. Pate is the managing general partner. Ms. Pate disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purposes.
(6) The RSUs were granted on August 20, 2019 and were scheduled to vest upon the earlier of May 9, 2020 and the issuer's 2020 annual meeting of stockholders, subject to certain vesting and forfeiture provisions.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Pate Lisa M
11227 MEADOWVIEW ROAD
GEORGETOWN, TN 37336

X
Trustee & Managing GP
Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate
11227 MEADOWVIEW ROAD
GEORGETOWN, TN 37336

X


Signatures
/s/ Lisa M. Pate, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC5/12/2020
**Signature of Reporting PersonDate

/s/ Lisa M. Pate, trustee Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC5/12/2020
**Signature of Reporting PersonDate

1 Year US Xpress Enterprises Chart

1 Year US Xpress Enterprises Chart

1 Month US Xpress Enterprises Chart

1 Month US Xpress Enterprises Chart