YRC Worldwide Inc. 4
4 · YRC Worldwide Inc. · Filed Feb 24, 2016
Insider Transaction Report
Form 4
Boehmer Mark David
Vice President and Treasurer
Transactions
- Tax Payment
Common Stock
2016-02-23$8.12/sh−1,221$9,915→ 31,196 total - Tax Payment
Common Stock
2016-02-23$8.12/sh−2,393$19,431→ 28,803 total
Footnotes (2)
- [F1]On February 23, 2016, 2,359 restricted shares of Mr. Boehmer's Company stock, granted March 9, 2015, vested. On February 23, 2016, Mr. Boehmer automatically surrendered 1,221 of the 2,359 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 23rd vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
- [F2]On February 23, 2016, 4,624 restricted shares of Mr. Boehmer's Company stock, granted February 15, 2016, vested. On February 23, 2016, Mr. Boehmer automatically surrendered 2,393 of the 4,624 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 23rd vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.