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SC 13D/A Filing
USA Truck (USAK) SC 13D/AUSA Truck Inc
Filed: 17 Sep 15, 12:00am
CUSIP No. 902925106 | 13D | Page 2 of 7 Pages | |||||||
1. | NAMES OF REPORTING PERSONS Knight Capital Growth LLC | ||||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐ | ||||||||
3. | SEC USE ONLY | ||||||||
4. | SOURCE OF FUNDS (see instructions) AF | ||||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Arizona | ||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7. | SOLE VOTING POWER 0 | |||||||
8. | SHARED VOTING POWER 606,410 | ||||||||
9. | SOLE DISPOSITIVE POWER 0 | ||||||||
10. | SHARED DISPOSITIVE POWER 606,410 | ||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 606,410 | ||||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐ | ||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.72% | ||||||||
14. | TYPE OF REPORTING PERSON (see instructions) OO |
CUSIP No. 902925106 | 13D | Page 3 of 7 Pages | |||||||
1. | NAMES OF REPORTING PERSONS Knight Transportation, Inc. | ||||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐ | ||||||||
3. | SEC USE ONLY | ||||||||
4. | SOURCE OF FUNDS (see instructions) WC | ||||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Arizona | ||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7. | SOLE VOTING POWER 0 | |||||||
8. | SHARED VOTING POWER 606,410 | ||||||||
9. | SOLE DISPOSITIVE POWER 0 | ||||||||
10. | SHARED DISPOSITIVE POWER 606,410 | ||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 606,410 | ||||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐ | ||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.72% | ||||||||
14. | TYPE OF REPORTING PERSON (see instructions) CO, HC |
CUSIP No. 902925106 | 13D | Page 4 of 7 Pages | ||
Reporting Person | Amount Beneficially Owned (1) | Percent of Class (2) | Sole Power to Vote or Direct the Vote | Shared Power to Vote or to Direct the Vote | Sole Power to Dispose or to Direct the Disposition of | Shared Power to Dispose or to Direct the Disposition of |
Knight Transportation | 606,410 | 5.72% | 0 | 606,410 | 0 | 606,410 |
Knight Capital | 606,410 | 5.72% | 0 | 606,410 | 0 | 606,410 |
(1) | Knight Capital is the direct owner of 606,410 Shares and Knight Transportation is the sole member and owner of all of the outstanding equity interests of Knight Capital |
(2) | Based on 10,607,630 Shares outstanding as of July 30, 2015, as reported on USA Truck's Form 10-Q filed on August 4, 2015 |
CUSIP No. 902925106 | 13D | Page 5 of 7 Pages | ||
Name of Reporting Person | Date of Transaction | Type of Transaction | Amount of Shares Sold | Price Per Share (1) |
Knight Capital | 7/1/2015 | Open Market | 401 | $21.26 |
Knight Capital | 7/9/2015 | Open Market | 4,599 | $21.13 |
Knight Capital | 7/10/2015 | Open Market | 120 | $22.10 |
Knight Capital | 7/13/2015 | Open Market | 9,880 | $21.79 |
Knight Capital | 7/14/2015 | Open Market | 20,000 | $22.14 |
Knight Capital | 7/15/2015 | Open Market | 9,600 | $21.53 |
Knight Capital | 7/16/2015 | Open Market | 10,400 | $22.00 |
Knight Capital | 7/17/2015 | Open Market | 5,000 | $21.68 |
Knight Capital | 7/21/2015 | Open Market | 5,000 | $20.33 |
Knight Capital | 8/4/2015 | Open Market | 5,000 | $21.95 |
Knight Capital | 8/10/2015 | Open Market | 5,000 | $20.06 |
Knight Capital | 8/14/2015 | Open Market | 8,272 | $20.73 |
Knight Capital | 8/20/2015 | Open Market | 1,100 | $20.77 |
Knight Capital | 9/11/2015 | Open Market | 3,900 | $20.52 |
Knight Capital | 9/14/2015 | Open Market | 15,000 | $20.92 |
Knight Capital | 9/15/2015 | Open Market | 10,000 | $21.51 |
(1) | The aggregate of 401 Shares sold on July 1, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.25 to $21.26. The indicated $21.26 price per Share represents the approximate weighted average price per Share for the aggregate of 401 Shares sold. |
(2) | The aggregate of 4,599 Shares sold on July 9, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.07 to $21.25. The indicated $21.13 price per Share represents the approximate weighted average price per Share for the aggregate of 4,599 Shares sold. |
(3) | The aggregate of 120 Shares sold on July 10, 2015 were effected through multiple transactions each at different prices per Share ranging from $22.00 to $22.12. The indicated $22.10 price per Share represents the approximate weighted average price per Share for the aggregate of 120 Shares sold. |
(4) | The aggregate of 9,880 Shares sold on July 13, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.75 to $21.86. The indicated $21.79 price per Share represents the approximate weighted average price per Share for the aggregate of 9,880 Shares sold. |
(5) | The aggregate of 20,000 Shares sold on July 14, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.70 to $22.47. The indicated $22.14 price per Share represents the approximate weighted average price per Share for the aggregate of 20,000 Shares sold. |
(6) | The aggregate of 9,600 Shares sold on July 15, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.25 to $22.08. The indicated $21.53 price per Share represents the approximate weighted average price per Share for the aggregate of 9,600 Shares sold. |
(7) | The aggregate of 10,400 Shares sold on July 16, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.54 to $22.28. The indicated $22.00 price per Share represents the approximate weighted average price per Share for the aggregate of 10,400 Shares sold. |
CUSIP No. 902925106 | 13D | Page 6 of 7 Pages |
(8) | The aggregate of 5,000 Shares sold on July 17, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.59 to $21.77. The indicated $21.68 price per Share represents the approximate weighted average price per Share for the aggregate of 5,000 Shares sold. |
(9) | The aggregate of 5,000 Shares sold on July 21, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.25 to $20.53. The indicated $20.33 price per Share represents the approximate weighted average price per Share for the aggregate of 5,000 Shares sold. |
(10) | The aggregate of 5,000 Shares sold on August 4, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.41 to $22.87. The indicated $21.95 price per Share represents the approximate weighted average price per Share for the aggregate of 5,000 Shares sold. |
(11) | The aggregate of 5,000 Shares sold on August 10, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.00 to $20.24. The indicated $20.06 price per Share represents the approximate weighted average price per Share for the aggregate of 5,000 Shares sold. |
(12) | The aggregate of 8,272 Shares sold on August 14, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.50 to $21.41. The indicated $20.73 price per Share represents the approximate weighted average price per Share for the aggregate of 8,272 Shares sold. |
(13) | The aggregate of 1,100 Shares sold on August 20, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.77 to $20.78. The indicated $20.77 price per Share represents the approximate weighted average price per Share for the aggregate of 1,100 Shares sold. |
(14) | The aggregate of 3,900 Shares sold on September 11, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.46 to $20.59. The indicated $20.52 price per Share represents the approximate weighted average price per Share for the aggregate of 3,900 Shares sold. |
(15) | The aggregate of 15,000 Shares sold on September 14, 2015 were effected through multiple transactions each at different prices per Share ranging from $20.74 to $21.10. The indicated $20.92 price per Share represents the approximate weighted average price per Share for the aggregate of 15,000 Shares sold. |
(16) | The aggregate of 10,000 Shares sold on September 15, 2015 were effected through multiple transactions each at different prices per Share ranging from $21.49 to $21.57. The indicated $21.51 price per Share represents the approximate weighted average price per Share for the aggregate of 10,000 Shares sold. |
CUSIP No. 902925106 | 13D | Page 7 of 7 Pages | ||
KNIGHT TRANSPORTATION, INC. | |||
/s/ Kevin P. Knight | |||
Name: Kevin P. Knight | |||
Title: Executive Chairman |
KNIGHT CAPITAL GROWTH LLC | |||
/s/ Kevin P. Knight | |||
Name: Kevin P. Knight | |||
Title: Executive Chairman |