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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 2/23/21 |
Issuer: |
| Issuer CIK: 883945 |
| Issuer Name: USA TRUCK INC |
| Issuer Trading Symbol: USAK |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1688869 |
| | Owner Name: Reed James D |
| Reporting Owner Address: |
| | Owner Street 1: 3200 INDUSTRIAL PARK ROAD |
| | Owner Street 2: |
| | Owner City: VAN BUREN |
| | Owner State: AR |
| | Owner ZIP Code: 72956 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: PRESIDENT, CEO |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/23/21 |
| | Transaction Coding: |
| | | Transaction Form Type: 5 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,173 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 253,173 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/23/21 |
| | Transaction Coding: |
| | | Transaction Form Type: 5 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,444 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 13.67 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 251,729 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Derivative Table: |
Footnotes: |
| Footnote - F1: As previously reported on a Form 4 filed on March 26, 2018, the reporting person was granted 13,991 shares of restricted stock, subject to continued employment and certain other forfeiture and vesting provisions. As a result of the performance conditions for the performance period January 1, 2018 through December 31, 2020 being achieved at a lower level than the target amount of shares that could be received (which was the amount reported on the previous Form 4), 10,173 shares of restricted stock were cancelled and are thus no longer deemed beneficially owned by the reporting person. The reporting person received no consideration from the issuer in connection with this cancellation/disposition. |
| Footnote - F2: Represents shares surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to the reporting person. |
Owner Signature: |
| Signature Name: /s/ Zachary B. King, Attorney-in-Fact |
| Signature Date: 2/25/21 |