YRC Worldwide Inc. 4
4 · YRC Worldwide Inc. · Filed Feb 27, 2014
Insider Transaction Report
Form 4
Gast Steven D.
President-New Penn Motor Exp.
Transactions
- Tax Payment
Common Stock
2014-02-26$22.63/sh−1,511$34,194→ 20,504 total
Footnotes (1)
- [F1]On February 26, 2014, 5,000 restricted shares of Mr. Gast's previously-granted Company stock vested. On February 26, 2014, Mr. Gast automatically surrendered 1,511 of the 5,000 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the February 26th vesting. The automatic surrender of newly-vested shares is the Company default process for paying tax withholding obligations triggered upon the vesting of restricted stock.