SEC Form 4 · accession 0000899243-15-002155
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cary M Flanagan
Officer — Controller
Period of report
Jul 31, 2015
Accepted (ET)
Aug 3, 2015 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001492691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jul 31, 2015 | M | 13,000 | $11.00 | A | 19,124 | D | |
| Class A Common StockF1 | Jul 31, 2015 | S | 13,000 | $23.9769 | D | 6,124 | D | |
| Class A Common Stock | Jul 31, 2015 | M | 2,000 | $8.80 | A | 8,124 | D | |
| Class A Common StockF1 | Jul 31, 2015 | S | 2,000 | $23.9769 | D | 6,124 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-buy)F2 | $11.00 | Jul 31, 2015 | M | 13,000 | D | — | Aug 27, 2018 | Class A Common Stock | 13,000 | 0 | D |
| Employee Stock Option (Right-to-buy)F3 | $8.80 | Jul 31, 2015 | M | 2,000 | D | — | Feb 28, 2020 | Class A Common Stock | 2,000 | 10,000 | D |
Explanation of responses
- F1The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $23.9300 to $24.0050. The reporting person undertakes to provide Swift Transportation Company, any securities holders of Swift Transportation Company, or the staff of the Securities and Exchange Commission, upon request, all information regarding the number of shares sold at each separate price within this range.
- F2Represents a grant of 40,000 options on August 27, 2008, which vested and became exercisable as to 13,333 shares on each of August 27, 2011 and August 27, 2012, and as to the remaining 13,334 shares on August 27, 2013. Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- F3Represents a grant of 12,000 options on February 28, 2010, which vested and became exercisable as to 4,000 shares on each of February 28, 2013, February 28, 2014, and February 28, 2015. Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.