SEC Form 4 · accession 0001567619-19-002281
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin P Knight
Officer — Executive Chairman · Director
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:17 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 | 10,556 | $31.75 | A | 1,293 | D | |
| Class A Common StockF2 | Jan 31, 2019 | M | 4,000 | — | A | 5,293 | D | |
| Class A Common Stock | Jan 31, 2019 | F | 1,684 | $31.75 | D | 3,609 | D | |
| Class A Common Stock | holding | — | — | — | 2,755,792 | I | Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Jan 31, 2019 | M | 10,556 | D | Jan 31, 2019 | — | Class A Common Stock | 10,556 | 20,492 | D |
| Restricted Stock UnitsF4 | $0.00 | Jan 31, 2019 | M | 4,000 | D | Jan 31, 2019 | — | Class A Common Stock | 4,000 | 15,500 | D |
Explanation of responses
- F1Upon vesting this restricted stock unit grant settled in cash based on the stock price of the vested portion of the grant on January 31, 2019.
- F2Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F3The remaining restricted stock units for this grant vest in two equal installments on January 31, 2020, and January 31, 2021. When this equity grant is vested, it will be settled in cash.
- 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.