SWIFT TRANSPORTATION Co 4
4 · SWIFT TRANSPORTATION Co · Filed Feb 29, 2016
Insider Transaction Report
Form 4
SARTOR RODNEY
Exec VP of Subsidiary
Transactions
- Award
Class A Common Stock
2016-02-26$17.89/sh+4,678$83,689→ 12,460 total - Sale
Class A Common Stock
2016-02-26$17.94/sh−1,635$29,332→ 10,825 total
Footnotes (3)
- [F1]Represents performance shares awarded, pursuant to the Company's 2007 Omnibus Incentive Plan. The performance share awards were granted on February 22, 2013 and had a three-year performance period, ending on December 31, 2015. The Company's Board of Directors approved the final vesting on February 23, 2016, based on the results of the performance period.
- [F2]Sale to cover taxes owed upon vesting of performance share awards.
- [F3]The price of $17.94 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $17.86 to $18.02. The reporting person undertakes to provide Swift Transportation Company, any securities holders of Swift Transportation Company, or the staff of the Securities and Exchange Commission, upon request, all information regarding the number of shares sold at each separate price within this range.