4//SEC Filing
SWIFT TRANSPORTATION Co 4
Accession 0001506972-16-000010
$KNXCIK 0001492691operating
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 12:29 PM ET
Size
19.9 KB
Accession
0001506972-16-000010
Insider Transaction Report
Form 4
Runnels Kenneth C
Exec VP of Subsidiary
Transactions
- Sale
Class A Common Stock
2016-11-09$24.38/sh−120,000$2,925,600→ 11,892 total - Exercise/Conversion
Class A Common Stock
2016-11-09$8.80/sh+24,000$211,200→ 35,892 total - Exercise/Conversion
Employee Stock Option (Right-to-buy)
2016-11-09−120,000→ 0 totalExercise: $11.00Exp: 2018-08-27→ Class A Common Stock (120,000 underlying) - Exercise/Conversion
Employee Stock Option (Right-to-buy)
2016-11-09−24,000→ 0 totalExercise: $8.80Exp: 2020-02-28→ Class A Common Stock (24,000 underlying) - Exercise/Conversion
Employee Stock Option (Right-to-buy)
2016-11-09−11,726→ 0 totalExercise: $13.36Exp: 2016-02-22→ Class A Common Stock (11,726 underlying) - Exercise/Conversion
Class A Common Stock
2016-11-09$11.00/sh+120,000$1,320,000→ 131,892 total - Sale
Class A Common Stock
2016-11-09$24.38/sh−24,000$585,120→ 11,892 total - Exercise/Conversion
Class A Common Stock
2016-11-09$13.36/sh+11,726$156,659→ 23,618 total - Sale
Class A Common Stock
2016-11-09$24.38/sh−11,726$285,880→ 11,892 total
Footnotes (7)
- [F1]The price of $24.38 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $23.84 to $25.03. 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.
- [F2]Options were granted under the Issuer's 2007 Omnibus Incentive Plan. Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- [F3]In connection with the Issuer's initial public offering, a four-to-five reverse stock split was effected on November 29, 2010. Additionally, the exercise price of any options with exercise prices greater than $11.00 (the initial public offering price) were adjusted to $11.00 on December 15, 2010.
- [F4]The options vested and became exercisable in three equal annual installments, beginning with the third anniversary from the August 27, 2008 grant date.
- [F5]The options vested and became exercisable in three equal annual installments, beginning with the third anniversary from the February 28, 2010 grant date.
- [F6]Options were granted under the Issuer's 2007 Omnibus Incentive Plan (amended and restated as of December 15, 2010). Upon exercise, the options convert to the Issuer's Class A common stock on a one-to-one basis.
- [F7]The options vested and became exercisable in three equal annual installments, beginning with the first anniversary from the February 22, 2013 grant date.
Documents
Issuer
SWIFT TRANSPORTATION Co
CIK 0001492691
Entity typeoperating
Related Parties
1- filerCIK 0001492691
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 12:29 PM ET
- Size
- 19.9 KB