SEC Form 4 · accession 0001674640-17-000008
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 & Marketing
Period of report
May 26, 2017
Accepted (ET)
May 31, 2017 · 7:57 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, Restricted Stock UnitF1 | May 26, 2017 | A | 12,600 | $23.81 | A | 15,470 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of Restricted Stock Units granted under the Issuer's 2014 Omnibus Incentive Plan (the "Plan"). Pursuant to the Restricted Stock Unit Notice (the "Agreement"), each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Class A common stock, subject to certain acceleration, forfeiture and termination provisions. The Restricted Stock Units vest in three equal installments over a three-year period beginning with the first anniversary from the grant date. Additionally, the accelerated vesting provisions included within the Agreement or the Plan do not apply to the consummation of the transaction contemplated by the Agreement and Plan of Merger by and Among the Company, Bishop Merger Sub., Inc. and Knight Transportation, Inc. dated as of April 9, 2017 (the "Merger Agreement").