SEC Form 4 · accession 0001567619-19-002280
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
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:13 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 StockF1 | Jan 31, 2019 | M | 2,488 | — | A | 28,560 | D | |
| Class A Common StockF3 | Jan 31, 2019 | M | 3,600 | — | A | 32,160 | D | |
| Class A Common Stock | Jan 31, 2019 | F | 1,552 | $31.75 | D | 30,608 | D | |
| Class A Common StockF3 | Jan 31, 2019 | M | 5,278 | — | A | 35,886 | D | |
| Class A Common Stock | Jan 31, 2019 | F | 2,241 | $31.75 | D | 33,645 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jan 31, 2019 | M | 2,488 | D | — | — | Class A Common Stock | 2,488 | 4,976 | D |
| Restricted Stock UnitsF4 | $0.00 | Jan 31, 2019 | M | 3,600 | D | Jan 31, 2019 | — | Class A Common Stock | 3,600 | 13,950 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 31, 2019 | M | 5,278 | D | Jan 31, 2019 | — | Class A Common Stock | 5,278 | 10,246 | D |
Explanation of responses
- F1Each share of phantom stock was the economic equivalent of one share KNX Class A Common Stock.
- F2The remaining phantom stock will be paid in two equal annual installments on January 31, 2020 and January 31, 2021.
- F3Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F4The remaining restricted stock units for this grant vest as follows: approximately 7% of the total grant on January 31, 2020, and approximately 8% of the total grant on each of January 31, 2021, 2022 and 2023.
- F5The remaining restricted stock units for this grant vest in two equal installments on January 31, 2020, and January 31, 2021.