SEC Form 4 · accession 0001140361-16-056013
KNIGHT TRANSPORTATION INC · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Quast
Officer — Exec VP and COO
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 1:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929452
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Performance UnitsF2,F1 | — | Feb 29, 2016 | A | 6,190 | A | — | — | Common Stock | 6,190 | 6,190 | D |
Explanation of responses
- F1Each restricted stock performance unit represents a contingent right to receive one share of Knight Transportation, Inc. common stock, subject to adjustment based on certain performance targets over a performance period ending on December 31, 2018.
- F2The number of derivative securities is subject to adjustment based on the level of achievement for specified performance targets measured over the performance period ending on December 31, 2018. The shares earned under this award will vest on January 31, 2020.