Collins Steve 4/A
4/A · KNIGHT TRANSPORTATION INC · Filed Feb 1, 2011
Insider Transaction Report
Form 4/AAmended
Collins Steve
Controller
Transactions
- Award
Restricted Stock Unit
2009-10-30+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Pursuant to a Compensation Committee resolution dated January 25, 2011, amending the vesting schedule for the restricted stock units granted on October 30, 2009, the restricted stock units vest as follows: six percent (6%) on January 31, 2011; five percent (5%) respectively on January 31, 2012, January 31, 2013, January 31, 2014 and January 31, 2015; six (6%) percent on January 31, 2016; seven (7%) percent on January 31, 2017; eight (8%) on January 31, 2018; nine (9%) percent on January 31, 2019; ten percent (10%) on January 31, 2020; eleven (11%) percent on January 31, 2021; twelve percent (12%) on January 31, 2022; and eleven percent (11%) on January 31, 2023. Stock is issued when and as vested.
- [F2]Each restricted stock unit represents a contingent right to receive one share of KNX common stock.