James E. Updike Jr. - Jan 31, 2022 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role
EVP Sales & Mkt, Knight Trans.
Signature
/s/ James E. Brophy, Attorney in Fact
Stock symbol
KNX
Transactions as of
Jan 31, 2022
Transactions value $
-$121,025
Form type
4
Date filed
2/2/2022, 04:03 PM
Previous filing
Jun 2, 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 +2.4K +13.88% 19.7K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$63.3K -1.12K -5.68% $56.58 18.6K Jan 31, 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2.42K +13.04% 21K Jan 31, 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$57.8K -1.02K -4.86% $56.58 20K 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 -2.4K -50% $0.00 2.4K Jan 31, 2022 Class A Common Stock 2.4K 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 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
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.