Filing Details

Accession Number:
0001506839-17-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-31 20:03:02
Reporting Period:
2017-05-26
Filing Date:
2017-05-31
Accepted Time:
2017-05-31 20:03:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1492691 Swift Transportation Co SWFT Trucking (No Local) (4213) 205589597
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1506839 Virginia Henkels C/O Swift Transportation Company
2200 South 75Th Avenue
Phoenix AZ 85043
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2017-05-26 16,501 $11.00 45,748 No 4 M Direct
Class A Common Stock Disposition 2017-05-26 16,501 $24.13 29,247 No 4 S Direct
Class A Common Stock, Restricted Stock Unit Acquisiton 2017-05-26 4,200 $23.81 33,447 No 4 A Direct
Class A Common Stock Acquisiton 2017-05-30 41,499 $11.00 74,946 No 4 M Direct
Class A Common Stock Disposition 2017-05-30 41,499 $24.17 33,447 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (Right-to-buy) Disposition 2017-05-26 16,501 $0.00 16,501 $11.00
Class A Common Stock Employee Stock Option (Right-to-buy) Disposition 2017-05-30 41,499 $0.00 41,499 $11.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
41,499 2018-08-27 No 4 M Direct
0 2018-08-27 No 4 M Direct
Footnotes
  1. The price of $21.43 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $24.00 to $24.40. 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.
  2. Represents an award of Restricted Stock Units ("RSUs") granted under the Issuer's 2014 Omnibus Incentive Plan and is a contingent right to receive one share of the Issuer's Class A common stock, subject to certain acceleration, forfeiture and termination provisions, vested in three equal installments over a three-year period beginning with the first anniversary from the grant date. Further, if a Grantee's employment is terminated in connection with 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, then a portion of the shares of RSUs granted above to each will become vested as of the date of the Grantee's termination of employment, determined by multiplying the number of RSUs granted above by a fraction, the numerator of which is the number of completed days of service following the grant date prior to termination, and the denominator of which is 1,095.
  3. The price of $24.17 reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $24.00 to $24.27. 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.
  4. 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.
  5. 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.
  6. The options vested and became exercisable in three equal annual installments, beginning with the third anniversary from the August 27, 2008 grant date.