Kevin Quast - Jan 31, 2022 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role
COO of Swift Transportation
Signature
/s/ James E. Brophy, Attorney in Fact
Stock symbol
KNX
Transactions as of
Jan 31, 2022
Transactions value $
-$821,259
Form type
4
Date filed
2/2/2022, 02:52 PM
Previous filing
Dec 8, 2021
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNX Class A Common Stock Options Exercise +20.5K +95.18% 42.1K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$573K -10.1K -24.07% $56.58 32K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +3.2K +10.01% 35.2K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$94K -1.66K -4.73% $56.58 33.5K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +1.81K +5.39% 35.3K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$50.5K -892 -2.53% $56.58 34.4K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +1.78K +5.17% 36.2K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$49.7K -879 -2.43% $56.58 35.3K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +1.92K +5.43% 37.2K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$53.6K -947 -2.54% $56.58 36.3K Jan 31, 2022 Direct
holding KNX Class A Common Stock 61.6K Jan 31, 2022 Trust

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 Performance Restricted Stock Units Options Exercise $0 -20.5K -100% $0.00* 0 Jan 31, 2022 Class A Common Stock 20.5K Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -3.2K -50% $0.00 3.2K Jan 31, 2022 Class A Common Stock 3.2K Direct F1, F3
transaction KNX Restricted Stock Units Options Exercise $0 -1.81K -100% $0.00* 0 Jan 31, 2022 Class A Common Stock 1.81K Direct F1, F4
transaction KNX Restricted Stock Units Options Exercise $0 -1.78K -50% $0.00 1.78K Jan 31, 2022 Class A Common Stock 1.78K Direct F1, F5
transaction KNX Restricted Stock Units Options Exercise $0 -1.92K -32.98% $0.00 3.9K Jan 31, 2022 Class A Common Stock 1.92K 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 into Class A Common Stock on a one-for-one basis.
F2 The three-year performance period applicable to this grant ended on December 31, 2021 and the number of securities reflects the level of achievement of the performance targets over that period. The shares earned under this award vested on January 31, 2022.
F3 The remaining restricted stock units for this grant will vest at approximately 8% of the total grant on each of January 31, 2022 and 2023.
F4 The remaining restricted stock units for this grant vest on January 31, 2022. Stock is issued when and as vested.
F5 This restricted stock unit grant vests in three approximately equal annual installments beginning on January 31, 2021, and ending January 31, 2023. Stock is issued when and as vested.
F6 The restricted stock units vest as follows: 33% on January 31, 2022; 33% on January 31, 2023; and 34% on January 31, 2024. Stock is issued when and as vested.