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Hub Group, Inc. — Director's Dealing 2020
Dec 8, 2020
31640_dirs_2020-12-08_f0a75b06-0010-41a6-a381-26468ceea492.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Hub Group, Inc. (HUBG)
CIK: 0000940942
Period of Report: 2020-12-04
Reporting Person: YEAGER DAVID P (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-04 | Class A Common Stock | A | 20000 | — | Acquired | 341088 | Direct |
| 2020-12-04 | Class A Common Stock | F | 17720 | $55.96 | Disposed | 323368 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 21454 | Indirect |
| Class B Common Stock | 176276 | Indirect |
| Class B Common Stock | 51624 | Indirect |
| Class B Common Stock | 51624 | Indirect |
| Class B Common Stock | 51624 | Indirect |
Footnotes
F1: Represents the settlement of performance-based Represents the settlement of performance-based restricted stock in shares of common stock for the three-year performance period beginning January 1, 2018, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). The Compensation Committee of the Board of Directors of the issuer has certified performance for the full performance period and approved vesting of the award on December 4, 2020. On the vesting date, a total of 40,000 performance based restricted stock settled into shares of common stock, 20,000 of which were previously reported on the reporting person's Form 4 dated January 4, 2018.
F2: The Yeager family members are parties to stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 662,296 share of Class B Common Stock.
F3: The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.