YRC Worldwide Inc. 4
4 · YRC Worldwide Inc. · Filed Feb 27, 2017
Insider Transaction Report
Form 4
Fry James
VP, General Counsel and Secy.
Transactions
- Tax Payment
Common Stock
2017-02-23$12.56/sh−1,109$13,929→ 62,855 total - Tax Payment
Common Stock
2017-02-23$12.56/sh−2,579$32,392→ 60,276 total
Footnotes (2)
- [F1]On February 23, 2017, 3,583 restricted shares of Mr. Fry's Company stock, granted March 9, 2015, vested. On February 23, 2017, Mr. Fry automatically surrendered 1,109 of the 3,583 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, 2017, 7,023 restricted shares of Mr. Fry's Company stock, earned February 15, 2016, vested. On February 23, 2017, Mr. Fry automatically surrendered 2,579 of the 7,023 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.