Knight-Swift Transportation (KNX) Form 3 Knight-Swift Transportation / Joseph Sherer ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Sherer Joseph

(Last) (First) (Middle)

20002 N. 19TH AVENUE

(Street)

PHOENIX AZ 85027

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/07/2021

3. Issuer Name and Ticker or Trading Symbol
Knight-Swift Transportation Holdings Inc. [ KNX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP Logistics/Intermodal

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	4,897.74(1)	D
Class A Common Stock	941.072	I	By 401(k) plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	(2)	Class A Common Stock	2,400	(9)	D
Restricted Stock Units	(3)	(3)	Class A Common Stock	600	(9)	D
Restricted Stock Units	(4)	(4)	Class A Common Stock	975	(9)	D
Restricted Stock Units	(5)	(5)	Class A Common Stock	2,460	(9)	D
Restricted Stock Units	(6)	(6)	Class A Common Stock	2,547	(9)	D
Restricted Stock Units	(7)	(7)	Class A Common Stock	12,109	(9)	D
Restricted Stock Units	(8)	(8)	Class A Common Stock	513	(9)	D

Explanation of Responses:

1. Includes 1,189.74 shares owned under KNX employee stock purchase plan.

2. The remaining restricted stock units for this grant will vest at approximately 8% of the total grant on each of January 31, 2021, 2022 and 2023.

3. The restricted stock units vest in five equal installments on May 31 of each year, commencing on May 31, 2018 and ending on May 31, 2022. Stock is issued when and as vested.

4. The restricted stock units vest in five equal installments on May 31 of each year, commencing on May 31, 2019 and ending on May 31, 2023. Stock is issued when and as vested.

5. The restricted stock units vest in five equal installments on May 31 of each year, commencing on May 31, 2020 and ending on May 31, 2024. Stock is issued when and as vested.

6. The restricted stock units vest in five equal installments on May 31 of each year, commencing on May 31, 2021 and ending on May 31, 2025. Stock is issued when and as vested.

7. The restricted stock units vest in five equal installments on January 31 of each year, commencing on January 31, 2022 and ending on January 31, 2026. Stock is issued when and as vested.

8. The restricted stock units vest in three equal installments on January 31 of each year, commencing on January 31, 2019 and ending on January 31, 2021. Stock is issued when and as vested.

9. Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.

	/s/ Jessica A. Powell, Attorney in Fact	03/24/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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