H.E. Wolfe - 11 Aug 2023 Form 4 Insider Report for UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH)

Role
Director
Signature
/s/ H. E. Wolfe
Issuer symbol
ULH
Transactions as of
11 Aug 2023
Net transactions value
-$120,900
Form type
4
Filing time
14 Aug 2023, 16:30:55 UTC
Previous filing
16 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULH Common Stock, no par value Disposed to Issuer $120,900 -3,750 -27% $32.24 10,000 11 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were purchased by the Issuer pursuant to a Restricted Stock Bonus Award Agreement between Mr. Wolfe and the Issuer. The agreement includes a right of first refusal for the Issuer to acquire vested shares within five days after receipt of Mr. Wolfe's notice of intent to sell. The closing price of the Issuer's stock on August 11, 2023, which was the date for determining the fair market value of the shares, was $32.24.