SEC Form 4 · accession 0001567619-19-002284
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E. Updike Jr.
Officer — EVP Sales & Mkt, Knight Trans.
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:32 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,F4 | Jan 31, 2019 | M | 2,400 | — | A | 24,873 | D | |
| Class A Common Stock | Jan 31, 2019 | F | 659 | $31.75 | D | 24,214 | D | |
| Class A Common StockF1 | Jan 31, 2019 | M | 1,319 | — | A | 25,533 | D | |
| Class A Common Stock | Jan 31, 2019 | F | 363 | $31.75 | D | 25,170 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Jan 31, 2019 | M | 2,400 | D | Jan 31, 2019 | — | Class A Common Stock | 2,400 | 9,300 | D |
| Restricted Stock UnitsF3 | $0.00 | Jan 31, 2019 | M | 1,319 | D | Jan 31, 2019 | — | Class A Common Stock | 1,319 | 2,562 | D |
Explanation of responses
- F1Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F2The 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.
- F3The remaining restricted stock units for this grant vest in two equal installments on January 31, 2020, and January 31, 2021.
- F4The amount of shares beneficially owned reflects the correction of a mathematical error.