Hawkins Darren 4
4 · YRC Worldwide Inc. · Filed Feb 18, 2020
Insider Transaction Report
Form 4
Hawkins Darren
President of YRC Inc.
Transactions
- Tax Payment
Common Stock
2020-02-13$2.42/sh−6,899$16,696→ 556,025 total - Tax Payment
Common Stock
2020-02-14$2.32/sh−8,673$20,121→ 547,352 total
Footnotes (2)
- [F1]On February 13, 2020, 14,478 restricted shares of Mr. Hawkins' Company stock, granted February 13, 2018, vested. On February 13, 2020, Mr. Hawkins automatically surrendered 6,899 of the 14,478 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 13th 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 14, 2020, 18,915 restricted shares of Mr. Hawkins' Company stock, vested. On February 14, 2020, Mr. Hawkins automatically surrendered 8,673 of the 18,915 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 14th 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.