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

Role
Executive Chairman, Director
Signature
/s/ James E. Brophy, Attorney in Fact
Issuer symbol
KNX
Transactions as of
31 Jan 2022
Net transactions value
-$4,187,542
Form type
4
Filing time
02 Feb 2022, 15:46:49 UTC
Previous filing
06 Jan 2022
Next filing
08 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNX Class A Common Stock Options Exercise +136,903 +2019% 143,684 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $3,317,851 -58,640 -41% $56.58 85,044 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +4,000 +4.7% 89,044 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $99,298 -1,755 -2% $56.58 87,289 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +12,048 +14% 99,337 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $291,557 -5,153 -5.2% $56.58 94,184 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +10,682 +11% 104,866 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $256,081 -4,526 -4.3% $56.58 100,340 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +9,590 +9.6% 109,930 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $222,755 -3,937 -3.6% $56.58 105,993 31 Jan 2022 Direct
holding KNX Class A Common Stock 1,547,867 31 Jan 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 -136,903 -100% $0.000000* 0 31 Jan 2022 Class A Common Stock 136,903 Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -4,000 -50% $0.000000 4,000 31 Jan 2022 Class A Common Stock 4,000 Direct F1, F3
transaction KNX Restricted Stock Units Options Exercise $0 -12,048 -100% $0.000000* 0 31 Jan 2022 Class A Common Stock 12,048 Direct F1, F4
transaction KNX Restricted Stock Units Options Exercise $0 -10,682 -50% $0.000000 10,682 31 Jan 2022 Class A Common Stock 10,682 Direct F1, F5
transaction KNX Restricted Stock Units Options Exercise $0 -9,590 -33% $0.000000 19,472 31 Jan 2022 Class A Common Stock 9,590 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 shared 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. When this equity grant is vested, it will be settled in cash.
F5 This restricted stock unit grant vests in three approximately equal annual installments beginning on January 31, 2021, and ending January 31, 2023.
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.