SEC Form 4 · accession 0001506972-16-000008
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth C Runnels
Officer — Executive VP Fleet Operations
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 2:59 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, Restricted Stock UnitF1 | May 24, 2016 | A | 4,384 | $15.51 | A | 16,276 | 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 | $15.51 | May 24, 2016 | A | 9,116 | A | — | May 24, 2026 | Class A Common Stock | 9,116 | 9,116 | D |
Explanation of responses
- F1Represents an award of Restricted Stock Units granted under the Issuer's 2014 Omnibus Incentive Plan. Subject to certain acceleration, forfeiture and termination provisions, each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Class A common stock. The Restricted Stock Units vest in three equal installments over a three-year period beginning with the first anniversary from the grant date.
- F2Subject to certain acceleration, forfeiture and termination provisions, the options vest in three equal installments over a three-year period beginning with the first anniversary from the grant date.