Joseph Sherer - May 31, 2021 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role: SVP Logistics/Intermodal
Signature: /s/ Jessica A. Powell, Attorney in Fact
Stock symbol: KNX
Transactions as of: May 31, 2021
Transactions value $: -$22,672
Form type: 4
Date filed: 6/2/2021, 07:12 PM
Previous filing: May 18, 2022
Next filing: Feb 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNX	Class A Common Stock	Options Exercise		+300	+5.19%		6.09K	May 31, 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	-$3.91K	-82	-1.35%	$47.73	6K	May 31, 2021	Direct
transaction	KNX	Class A Common Stock	Options Exercise		+325	+5.41%		6.33K	May 31, 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	-$4.2K	-88	-1.39%	$47.73	6.24K	May 31, 2021	Direct
transaction	KNX	Class A Common Stock	Options Exercise		+615	+9.85%		6.86K	May 31, 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	-$7.97K	-167	-2.44%	$47.73	6.69K	May 31, 2021	Direct
transaction	KNX	Class A Common Stock	Options Exercise		+509	+7.61%		7.2K	May 31, 2021	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	-$6.59K	-138	-1.92%	$47.73	7.06K	May 31, 2021	Direct
holding	KNX	Class A Common Stock						941	May 31, 2021	by 401(k) plan

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	-300	-50%	$0.00	300	May 31, 2021	Class A Common Stock	300		Direct	F1, F2
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-325	-33.33%	$0.00	650	May 31, 2021	Class A Common Stock	325		Direct	F1, F3
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-615	-25%	$0.00	1.85K	May 31, 2021	Class A Common Stock	615		Direct	F1, F4
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-509	-19.98%	$0.00	2.04K	May 31, 2021	Class A Common Stock	509		Direct	F1, F5
transaction	KNX	Restricted Stock Units	Award	$0	+2.62K		$0.00	2.62K	May 31, 2021	Class A Common Stock	2.62K		Direct	F1, F6

* 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, 2018. Stock is issued when and as vested.
F3	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2019. Stock is issued when and as vested.
F4	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2020. Stock is issued when and as vested.
F5	The restricted stock unit grant vests in five equal annual installments beginning on May 31, 2021. Stock is issued when and as vested.
F6	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.