James E. Updike Jr. - 31 Jan 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
Issuer symbol
KNX
Transactions as of
31 Jan 2023
Net transactions value
-$126,829
Form type
4
Filing time
02 Feb 2023, 18:04:01 UTC
Previous filing
01 Aug 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 +2,400 +12% 22,344 31 Jan 2023 Direct F1
transaction KNX Class A Common Stock Tax liability $66,369 -1,123 -5% $59.10 21,221 31 Jan 2023 Direct
transaction KNX Class A Common Stock Options Exercise +2,422 +11% 23,643 31 Jan 2023 Direct F1
transaction KNX Class A Common Stock Tax liability $60,459 -1,023 -4.3% $59.10 22,620 31 Jan 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 -2,400 -100% $0.000000* 0 31 Jan 2023 Class A Common Stock 2,400 Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -2,422 -25% $0.000000 7,266 31 Jan 2023 Class A Common Stock 2,422 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.