Trango II, L.L.C. Form 3 RUSH ENTERPRISES / QUINCY J LEE ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Teton Capital Partners LP

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/20/2015

3. Issuer Name and Ticker or Trading Symbol
RUSH ENTERPRISES INC \TX\ [ RUSHB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock, $01 Par Value	1,048,544(1)	I	See Footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Teton Capital Partners LP

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Ancient Art, L.P.

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Whitney, L.P.

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Trango II, L.L.C.

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

LEE QUINCY J

(Last) (First) (Middle)

500 WEST 5TH STREET

SUITE 1110

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

Explanation of Responses:

1. The filing of this Form 3 shall not be construed as an admission that Ancient Art, L.P. ("Ancient Art"), Whitney, L.P. ("Whitney"), Trango II, L.L.C., the general partner of both Ancient Art and Whitney, and Quincy J. Lee, the principal of Trango, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Class B Common Stock, $.01 Par Value (the "Common Stock"), of Rush Enterprises, Inc. (the "Issuer") purchased by Teton Capital Partners, L.P. (the "Fund"). Pursuant to Rule 16a-1, Ancient Art, Whitney, Trango and Mr. Lee disclaim such beneficial ownership except to the extent of its or his spective pecuniary interest therein.

2. The Fund, for which Ancient Art is the investment manager and Whitney is the general partner, holds 1,048,544 shares of Common Stock of the Issuer. Trango is the general partner of both Ancient Art and Whitney. Quincy J. Lee reports the Common Stock held indirectly by Ancient Art, Whitney and Trango because, as the principal of Trango at the time of purchase, he controlled the disposition and voting of the securities.

Remarks:

	/s/ Quincy J. Lee, manager of Trango II, L.L.C., general partner of Whitney, L.P., general partner of Teton Capital Partners, L.P.	11/30/2015
	/s/ Quincy J. Lee, manager of Trango II, L.L.C., general partner of Ancient Art, L.P.	11/30/2015
	/s/ Quincy J. Lee, manager of Trango II, L.L.C., general partner of Whitney, L.P.	11/30/2015
	/s/ Quincy J. Lee, manager of Trango II, L.L.C.	11/30/2015
	/s/ Quincy J. Lee	11/30/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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