SEC Form 4 · accession 0001325054-17-000017
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Stocking
Officer — President and CEO
Period of report
Aug 29, 2017
Accepted (ET)
Aug 30, 2017 · 4:41 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 | Aug 29, 2017 | M | 14,962 | $15.51 | A | 108,864 | D | |
| Class A Common Stock | Aug 29, 2017 | M | 29,404 | $24.84 | A | 138,268 | D | |
| Class A Common Stock | Aug 29, 2017 | A | 33,849 | $23.30 | A | 172,117 | D | |
| Class A Common StockF1 | Aug 29, 2017 | S | 78,215 | $28.66 | D | 93,902 | 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,F3 | $15.51 | Aug 29, 2017 | M | 14,962 | D | — | May 24, 2026 | Class A Common Stock | 14,962 | 29,926 | D |
| Employee Stock Option (Right-to-buy)F2,F4 | $24.84 | Aug 29, 2017 | M | 29,404 | D | — | May 20, 2025 | Class A Common Stock | 29,404 | 14,703 | D |
| Employee Stock Option (Right-to-buy)F5,F6 | $23.30 | Aug 29, 2017 | M | 33,849 | D | — | May 6, 2024 | Class A Common Stock | 33,849 | 0 | D |
Explanation of responses
- F1The price of $28.66 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $28.50 to $28.82. 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.
- F2Options were granted under the Issuer's 2014 Omnibus Incentive Plan. Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- F3The options vested and became exercisable in three equal annual installments, beginning with the first anniversary from the May 24, 2016 grant date.
- F4The options vested and became exercisable in three equal annual installments, beginning with the third anniversary from the May 20, 2015 grant date.
- F5Options were granted under the Issuer's 2007 Omnibus Incentive Plan. Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- F6The options vested and became exercisable in three equal annual installments, beginning with the first anniversary from the May 6, 2014 grant date.