SWIFT TRANSPORTATION Co 4
4 · SWIFT TRANSPORTATION Co · Filed May 31, 2017
Insider Transaction Report
Form 4
Runnels Kenneth C
Exec VP of Subsidiary
Transactions
- Award
Class A Common Stock, Restricted Stock Unit
2017-05-26$23.81/sh+8,605$204,885→ 20,246 total
Footnotes (1)
- [F1]Represents an award of Restricted Stock Units granted under the Issuer's 2014 Omnibus Incentive Plan (the "Plan"). Pursuant to the Restricted Stock Unit Notice (the "Agreement"), each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Class A common stock, subject to certain acceleration, forfeiture and termination provisions. The Restricted Stock Units vest in three equal installments over a three-year period beginning with the first anniversary from the grant date. Additionally, the accelerated vesting provisions included within the Agreement or the Plan do not apply to the consummation of the transaction contemplated by the Agreement and Plan of Merger by and Among the Company, Bishop Merger Sub., Inc. and Knight Transportation, Inc. dated as of April 9, 2017 (the "Merger Agreement").