James E. Updike Jr. - Jan 31, 2023 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, 2023
Transactions value $
-$126,829
Form type
4
Date filed
2/2/2023, 06:04 PM
Previous filing
Aug 1, 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 +12.03% 22.3K Jan 31, 2023 Direct F1
transaction KNX Class A Common Stock Tax liability -$66.4K -1.12K -5.03% $59.10 21.2K Jan 31, 2023 Direct
transaction KNX Class A Common Stock Options Exercise +2.42K +11.41% 23.6K Jan 31, 2023 Direct F1
transaction KNX Class A Common Stock Tax liability -$60.5K -1.02K -4.33% $59.10 22.6K Jan 31, 2023 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 -100% $0.00* 0 Jan 31, 2023 Class A Common Stock 2.4K Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -2.42K -25% $0.00 7.27K Jan 31, 2023 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 vested on January 31, 2023. Stock is issued when and as vested.
F3 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.