SEC Form 4 · accession 0001561051-16-000003
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Richard Van Kirk
Officer — Executive VP Intermodal
Period of report
Feb 25, 2016
Accepted (ET)
Feb 26, 2016 · 5:35 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 | Feb 25, 2016 | S | 3,000 | $17.69 | D | 6,200 | D | |
| Class A Common StockF1 | Feb 26, 2016 | A | 4,585 | $17.89 | A | 10,785 | D | |
| Class A Common StockF2,F3 | Feb 26, 2016 | S | 1,480 | $17.95 | D | 9,305 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance shares awarded, pursuant to the Company's 2007 Omnibus Incentive Plan. The performance share awards were granted on February 22, 2013 and had a three-year performance period, ending on December 31, 2015. The Company's Board of Directors approved the final vesting on February 23, 2016, based on the results of the performance period.
- F2Sale to cover taxes owed upon vesting of performance share awards.
- F3The price of $17.95 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $17.87 to $18.03. 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.