Cary M. Flanagan - 31 May 2021 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role: SVP and CAO
Signature: /s/ Jessica A. Powell, Attorney in Fact
Issuer symbol: KNX
Transactions as of: 31 May 2021
Net transactions value: -$18,090
Form type: 4
Filing time: 02 Jun 2021, 15:52:07 UTC
Next filing: 25 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNX	Class A Common Stock	Options Exercise		+352	+11%		3,626	31 May 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	$4,821	-101	-2.8%	$47.73	3,525	31 May 2021	Direct
transaction	KNX	Class A Common Stock	Options Exercise		+564	+16%		4,089	31 May 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	$7,732	-162	-4%	$47.73	3,927	31 May 2021	Direct
transaction	KNX	Class A Common Stock	Options Exercise		+404	+10%		4,331	31 May 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	$5,537	-116	-2.7%	$47.73	4,215	31 May 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-352	-33%	$0.000000	703	31 May 2021	Class A Common Stock	352		Direct	F1, F2
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-564	-25%	$0.000000	1,693	31 May 2021	Class A Common Stock	564		Direct	F1, F3
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-404	-20%	$0.000000	1,620	31 May 2021	Class A Common Stock	404		Direct	F1, F4
transaction	KNX	Restricted Stock Units	Award	$0	+1,780		$0.000000	1,780	31 May 2021	Class A Common Stock	1,780		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert to Class A Common Stock on a one-for-one basis.
F2	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2019. Stock is issued when and as vested.
F3	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2020. Stock is issued when and as vested.
F4	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2021. Stock is issued when and as vested.
F5	The restricted stock units vest in five equal installments on May 31 of each year, commencing on May 31, 2022 and ending on May 31, 2026. Stock is issued when and as vested.