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
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 +137K +2018.92% 144K 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$3.32M -58.6K -40.81% $56.58 85K 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +4K +4.7% 89K 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$99.3K -1.76K -1.97% $56.58 87.3K 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +12K +13.8% 99.3K 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$292K -5.15K -5.19% $56.58 94.2K 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +10.7K +11.34% 105K 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$256K -4.53K -4.32% $56.58 100K 31 Jan 2022 Direct
transaction KNX Class A Common Stock Options Exercise +9.59K +9.56% 110K 31 Jan 2022 Direct F1
transaction KNX Class A Common Stock Tax liability -$223K -3.94K -3.58% $56.58 106K 31 Jan 2022 Direct
holding KNX Class A Common Stock 1.55M 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 -137K -100% $0.00* 0 31 Jan 2022 Class A Common Stock 137K Direct F1, F2
transaction KNX Restricted Stock Units Options Exercise $0 -4K -50% $0.00 4K 31 Jan 2022 Class A Common Stock 4K Direct F1, F3
transaction KNX Restricted Stock Units Options Exercise $0 -12K -100% $0.00* 0 31 Jan 2022 Class A Common Stock 12K Direct F1, F4
transaction KNX Restricted Stock Units Options Exercise $0 -10.7K -50% $0.00 10.7K 31 Jan 2022 Class A Common Stock 10.7K Direct F1, F5
transaction KNX Restricted Stock Units Options Exercise $0 -9.59K -33% $0.00 19.5K 31 Jan 2022 Class A Common Stock 9.59K 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.