# EDGAR Filing Document

**Accession Number:** 0000923571
**File Stem:** 0001008886-23-000033
**Filing Date:** 2023-3
**Character Count:** 9234
**Document Hash:** 602d97ba64a81fb83131a8a2c4052332
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001008886-23-000033.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001008886-23-000033

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20210602

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Pate Lisa M
- **CENTRAL INDEX KEY:** 0001378972

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38528
- **FILM NUMBER:** 23760437

**MAIL ADDRESS:**
- **STREET 1:** 4080 JENKINS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate
- **CENTRAL INDEX KEY:** 0001743550
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38528
- **FILM NUMBER:** 23760436

**BUSINESS ADDRESS:**
- **STREET 1:** 4080 JENKINS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
- **BUSINESS PHONE:** 4235103000

**MAIL ADDRESS:**
- **STREET 1:** 4080 JENKINS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** US XPRESS ENTERPRISES INC
- **CENTRAL INDEX KEY:** 0000923571
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRUCKING (NO LOCAL) [4213]
- **IRS NUMBER:** 621378182
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 4080 JENKINS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
- **BUSINESS PHONE:** 4235103000

**MAIL ADDRESS:**
- **STREET 1:** 4080 JENKINS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Pate Lisa M<br><sub>(Last) (First) (Middle)</sub><br>11227 MEADOWVIEW ROAD<br><sub>(Street)</sub><br>GEORGETOWN, TN 37336<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2021-06-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Trustee & Managing GP_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>US XPRESS ENTERPRISES INC [ USX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate<br><sub>(Last) (First) (Middle)</sub><br>11227 MEADOWVIEW ROAD<br><sub>(Street)</sub><br>GEORGETOWN, TN 37336<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2021-06-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>US XPRESS ENTERPRISES INC [ USX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2021-06-02 |  | S |  | 5000 | D | $12 | 105919 | D<sup>(1)</sup> |  |
| Class A Common Stock | 2021-11-22 |  | S |  | 20000 | D | $9 | 85919 | D<sup>(1)</sup> |  |
| Class A Common Stock | 2023-03-22 |  | S<sup>(2)</sup> |  | 300000<sup>(2)</sup> | D<sup>(2)</sup> | 5.9579<sup>(3)</sup> | 2013914<sup>(4)</sup> | I<sup>(4)</sup> | Trustee |
| Class A Common Stock |  |  |  |  |  |  |  | 319994<sup>(5)</sup> | D<sup>(5)</sup> |  |
| Class A Common Stock |  |  |  |  |  |  |  | 150005<sup>(6)</sup> | I<sup>(6)</sup> | Managing General Partner |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Shares of Class A Common Stock held directly by Ms. Pate.

(2) The shares sold automatically converted from Class B common stock to Class A common stock upon sale.

(3) The price reflects a weighted average sale price for multiple transactions ranging from $5.95 to $5.98, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

(4) Represents shares of Class A Common Stock held by the Anna Marie Quinn 2012 Irrevocable Trust FBO Lisa M. Pate (the "Trust"), of which Ms. Pate is the sole trustee. On March 23, 2023, the Trust voluntarily converted the 2,013,914 shares of Class B Common Stock held by it to shares of Class A Common Stock.

(5) Represents shares of Class A Common Stock held directly by Ms. Pate. On March 23, 2023, Ms. Pate voluntarily converted the 319,994 shares of Class B Common Stock held directly by her to shares of Class A Common Stock.

(6) Represents shares of Class A Common Stock held by Quinn Family Partners, L.P. (the "L.P."), of which Ms. Pate is the managing general partner. On March 23, 2023, the L.P. voluntarily converted the 150,005 shares of Class B Common Stock held by it to shares of Class A Common Stock. Ms. Pate disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purposes.

**Signature:** /s/ Lisa M. Pate, by Heidi Hornung-Scherr, attorney-in-fact,pursuant to a POA previously filed with the SEC  
**Date:** 2023-03-24

**Signature:** /s/ Lisa M. Pate, trustee Anna Marie Quinn 2012 Irrevocable
Trust FBO Lisa M. Pate, by Heidi Hornung-Scherr, attorney-in-fact,pursuant to a POA previously filed with the SEC  
**Date:** 2023-03-24

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**