GARY J. KNIGHT - 31 Jan 2022 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role
Vice Chairman, Director
Signature
/s/ James E. Brophy, Attorney in Fact
Issuer symbol
KNX
Transactions as of
31 Jan 2022
Transactions value $
$-1,331,667
Form type
4
Filing time
02 Feb 2022, 12:49:48 UTC
Previous filing
10 Feb 2022
Next filing
02 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 +36,508 36,508 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $-1,019,402 -18,017 -49.4% $56.58 18,491 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2,400 +13% 20,891 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $-71,687 -1,267 -6.06% $56.58 19,624 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +3,212 +16.4% 22,836 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $-89,623 -1,584 -6.94% $56.58 21,252 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2,848 +13.4% 24,100 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $-79,551 -1,406 -5.83% $56.58 22,694 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +2,557 +11.3% 25,251 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability $-71,404 -1,262 -4.54% $56.58 26,513 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 Performance Restricted Stock Units Options Exercise $0 -36,508 -100% $0.000000* 0 31 Jan 2022 Class A Common Stock 36,508 Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -2,400 -50% $0.000000 2,400 31 Jan 2022 Class A Common Stock 2,400 Direct F1, F3
transaction KNX Restricted Stock Units Options Exercise $0 -3,212 -100% $0.000000* 0 31 Jan 2022 Class A Common Stock 3,212 Direct F1, F4
transaction KNX Restricted Stock Units Options Exercise $0 -2,848 -50% $0.000000 2,848 31 Jan 2022 Class A Common Stock 2,848 Direct F1, F5
transaction KNX Restricted Stock Units Options Exercise $0 -2,557 -50% $0.000000 2,557 31 Jan 2022 Class A Common Stock 2,557 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 shares 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 vested on January 31, 2022. Stock is issued when and as vested.
F5 This restricted stock unit grant vests in three approximately equal annual installments beginning on January 31, 2021, and ending January 31, 2023. Stock is issued when and as vested.
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.