Todd F. Carlson - Dec 6, 2021 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	KNX	Restricted Stock Units	Award	$0	+5.03K	$0.00	5.03K	Dec 6, 2021	Class A Common Stock	5.03K	Direct	F1, F2
transaction	KNX	Performance Restricted Stock Units	Award	$0	+3.77K	$0.00	3.77K	Dec 6, 2021	Class A Common Stock	3.77K	Direct	F3, F4
transaction	KNX	Performance Restricted Stock Units	Award	$0	+3.77K	$0.00	3.77K	Dec 6, 2021	Class A Common Stock	3.77K	Direct	F4, F5

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

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.
F2	The restricted stock units vest as follows: 33% on January 31, 2023? 33% on January 31, 2024? and 34% on January 31, 2025.
F3	Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on performance targets over a performance period ending on December 31, 2024.
F4	The number of derivative securities is subject to adjustment based on achieving or failing to achieve performance targets measured over a performance period ending December 31, 2024. Any shares earned under this award will vest on January 31, 2025.
F5	Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on certain relative performance targets over a performance period ending on December 31, 2024.