SEC Form 4 · accession 0001140361-17-019262
KNIGHT TRANSPORTATION INC · KNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary J Knight
Officer — Vice Chairman · Director
Period of report
May 9, 2017
Accepted (ET)
May 10, 2017 · 12:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929452
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 9, 2017 | M | 12,500 | $18.23 | A | 4,856,970 | I | Trust |
| Common StockF1 | May 9, 2017 | S | 12,500 | $33.0304 | D | 4,844,470 | I | Trust |
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)F2 | $18.23 | May 9, 2017 | M | 12,500 | D | — | May 23, 2017 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $33.00 to $33.10 per share. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Knight Transportation, Inc. or a shareholder of Knight Transportation, Inc. full information regarding the number of shares and prices at which the transaction was effected.
- F2The option vested 20% on December 31, 2007, and 5% per calendar quarter thereafter, beginning March, 2008.