Form 4 for SNDR Schneider National, Inc.
Accepted 2022-03-07 00:00:00 ET · period of report 2022-03-03 · accession 0001692063-22-000056 · 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 | 2022-03-07 | 2022-03-03 | SNDR | Devgun Shaleen | EVP, CIO | S - Sale+OE | $26.82 | -11.7K | 155.7K | -7% | -$315.1K |
| D | 2022-03-07 | 2022-03-03 | SNDR | Devgun Shaleen | EVP, CIO | M - OptEx | $17.00 | +11.7K | 167.5K | +8% | +$199.7K |
| D | 2022-03-07 | 2022-03-03 | SNDR | Devgun Shaleen | EVP, CIO | M - OptEx | $0.00 | -11.7K | 0 | -100% | $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 | 2022-03-03 | S | D | 11,748 | $26.82 | 155,741 | D | — | — | (F1) Of the 155,741 shares reported as directly held by the reporting person, 41,832 are unvested restricted stock units. |
| 2 | Common | Class B Common Stock | 2022-03-03 | M | A | 11,748 | $17.00 | 167,489 | D | — | — | |
| 3 | Derivative | Employee Stock Option-Right To Buy | 2022-03-03 | M | D | 11,748 | $0.00 | 0 | D | $17.00 · — to 2027-04-05 | 11,748 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 $19.00 at the time of the grant to $17.00 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 vested in equal annual installments on each of the first four anniversaries of the grant date, which was April 5, 2017. |