YRC Worldwide Inc. 4
4 · YRC Worldwide Inc. · Filed Feb 27, 2017
Insider Transaction Report
Form 4
Ware Scott D.
President, USF Holland
Transactions
- Tax Payment
Common Stock
2017-02-23$12.56/sh−1,594$20,021→ 63,952 total - Tax Payment
Common Stock
2017-02-23$12.56/sh−3,498$43,935→ 60,454 total
Footnotes (2)
- [F1]On February 23, 2017, 3,516 restricted shares of Mr. Ware's Company stock, granted March 9, 2015, vested. On February 23, 2017, Mr. Ware automatically surrendered 1,594 of the 3,516 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, 6,893 restricted shares of Mr. Ware's Company stock, earned February 15, 2016, vested. On February 23, 2017, Mr. Ware automatically surrendered 3,498 of the 6,893 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.