Michael K. Liu - Jan 31, 2022 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role
Exec. VP of Ops, Knight Trans
Signature
/s/ James E. Brophy, Attorney in Fact
Stock symbol
KNX
Transactions as of
Jan 31, 2022
Transactions value $
-$157,010
Form type
4
Date filed
2/2/2022, 03:29 PM
Previous filing
Nov 5, 2021
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNX Class A Common Stock Options Exercise +3.2K 3.2K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$89.4K -1.58K -49.38% $56.58 1.62K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2.42K +149.44% 4.04K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$67.6K -1.2K -29.57% $56.58 2.85K Jan 31, 2022 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 -3.2K -50% $0.00 3.2K Jan 31, 2022 Class A Common Stock 3.2K Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -2.42K -19.99% $0.00 9.69K Jan 31, 2022 Class A Common Stock 2.42K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 remaining restricted stock units for this grant will vest at approximately 8% of the total grant on each of January 31, 2022 and 2023.
F3 The restricted stock units vest as follows: 20% on January 31, 2022? 20% on January 31, 2023? 20% on January 31, 2024? 20% on January 31, 2025? and 20% on January 31, 2026.