SEC Form 4 · accession 0001140361-17-042225
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Jackson
Officer — President and CEO · Director
Period of report
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001492691
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 9, 2017 | A | 15,524 | A | — | — | Class A Common Stock | 15,524 | 15,524 | D |
| Restricted Stock UnitsF4,F3 | — | Nov 9, 2017 | A | 23,286 | A | — | — | Class A Common Stock | 23,286 | 23,286 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.
- F2The restricted stock units vest in three installments as follows: 34% on January 31, 2019; 33% on January 31, 2020; and 33% on January 31, 2021. Stock is issued when and as vested.
- F3Each restricted stock unit represents a contingent right to receive one share of KNX Class A common stock, subject to adjustment based on certain performance targets over a three-year performance period ending on December 31, 2020.
- F4The number of derivative securities is subject to adjustment based on achieving or failing to achieve performance targets measured over a three-year performance period ending on December 31, 2020. The shares earned under this award will vest on January 31, 2021.