Form 4 for SNDR Schneider National, Inc.
Accepted 2022-03-04 00:00:00 ET · period of report 2022-03-01 · accession 0001692063-22-000054 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-04 | 2022-03-01 | SNDR | Reich Robert M JR | EVP, Chief Admin Off | S - Sale+OE | $26.42 | -5,000 | 95.1K | -5% | -$132.1K |
| D | 2022-03-04 | 2022-03-01 | SNDR | Reich Robert M JR | EVP, Chief Admin Off | M - OptEx | $18.99 | +5,000 | 100.1K | +5% | +$94.9K |
| D | 2022-03-04 | 2022-03-01 | SNDR | Reich Robert M JR | EVP, Chief Admin Off | M - OptEx | $0.00 | -5,000 | 9,706 | -34% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2022-03-01 | S | D | 5,000 | $26.42 | 95,073 | D | — | — | (F1) Of the 95,073 shares reported as directly held by the reporting person, 17,250 are unvested restricted stock units. |
| 2 | Common | Class B Common Stock | 2022-03-01 | M | A | 5,000 | $18.99 | 100,073 | D | — | — | |
| 3 | Derivative | Employee Stock Option-Right To Buy | 2022-03-01 | M | D | 5,000 | $0.00 | 9,706 | D | $18.99 · — to 2029-02-15 | 5,000 Class B Common Stock | (F2) In accordance with the provisions of the applicable plan and option agreements, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options from $20.99 at the time of the grant to $18.99 in order to reflect the $2.00 per share special dividend paid on outstanding shares of the Issuer's Class A and Class B common stock on November 9, 2020. (F3) These options vest in equal annual installments on each of the first four anniversaries of March 15, 2019, subject to the employee's continued employment through the applicable vesting date. |