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

Signature
/s/ James E. Brophy, Attorney in Fact
Issuer symbol
KNX
Transactions as of
31 Jan 2022
Net transactions value
-$157,010
Form type
4
Filing time
02 Feb 2022, 15:29:03 UTC
Previous filing
05 Nov 2021
Next filing
19 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNX Class A Common Stock Options Exercise +3,200 3,200 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $89,396 -1,580 -49% $56.58 1,620 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2,421 +149% 4,041 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $67,613 -1,195 -30% $56.58 2,846 31 Jan 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 -3,200 -50% $0.000000 3,200 31 Jan 2022 Class A Common Stock 3,200 Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -2,421 -20% $0.000000 9,688 31 Jan 2022 Class A Common Stock 2,421 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.