O'Connor Thomas Joseph III 4
4 · YRC Worldwide Inc. · Filed Feb 27, 2018
Insider Transaction Report
Form 4
O'Connor Thomas Joseph III
President-USF Reddaway Inc.
Transactions
- Tax Payment
Common Stock
2018-02-23$9.36/sh−2,681$25,094→ 47,253 total
Footnotes (1)
- [F1]On February 23, 2018, 5,443 performance stock units of Mr. O'Connor's Company stock, granted March 9, 2015 and earned February 15, 2016, vested. On February 23, 2018, Mr. O'Connor automatically surrendered 2,681 of the 5,443 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 performance stock units.