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

Role
General Counsel and Secretary
Signature
/s/ James E. Brophy, Attorney in Fact
Stock symbol
KNX
Transactions as of
Dec 6, 2021
Transactions value $
$0
Form type
4
Date filed
12/8/2021, 12:10 PM
Previous filing
Jun 2, 2021
Next filing
Feb 10, 2022

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 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

Explanation of Responses:

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.