SEC Form 4 · accession 0001674640-16-000011
Knight-Swift Transportation Holdings Inc. · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy W Guin
Officer — EVP, Sales
Period of report
Aug 11, 2016
Accepted (ET)
Aug 11, 2016 · 7:41 pm EDT
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 | Aug 11, 2016 | M | 15,000 | $5.68 | A | 18,601 | D | |
| Class A Common Stock | Aug 11, 2016 | S | 15,000 | $19.00 | D | 3,601 | 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)F1,F2 | $5.68 | Aug 11, 2016 | M | 15,000 | D | — | Oct 3, 2021 | Class A Common Stock | 15,000 | 40,000 | D |
Explanation of responses
- F1Represents 75,000 stock options granted on October 3, 2011, under the Issuer's 2007 Omnibus Incentive Plan (amended and restated as of December 15, 2010). Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- F2The options began vesting at the third anniversary from the grant date. On each of October 3, 2014 and October 3, 2015, 25,000 options vested and became exercisable. Subject to certain acceleration, forfeiture, and termination provisions, the remaining 25,000 options will vest and become exercisable on October 3, 2016.