SEC Form 4 · accession 0001506973-16-000007
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
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 4:07 pm EST
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 | Nov 7, 2016 | M | 10,000 | $8.80 | A | 15,409 | D | |
| Class A Common StockF1 | Nov 7, 2016 | S | 10,000 | $23.6403 | D | 5,409 | 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 | $8.80 | Nov 7, 2016 | M | 10,000 | D | — | Feb 28, 2020 | Class A Common Stock | 10,000 | 0 | 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 $23.6000 to $23.7200. 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 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.