O'Connor Thomas Joseph III 4
4 · YRC Worldwide Inc. · Filed Feb 18, 2020
Insider Transaction Report
Form 4
O'Connor Thomas Joseph III
President-USF Reddaway Inc.
Transactions
- Tax Payment
Common Stock
2020-02-14$2.32/sh−6,025$13,978→ 229,931 total - Tax Payment
Common Stock
2020-02-13$2.42/sh−2,876$6,960→ 235,956 total
Footnotes (2)
- [F1]On February 13, 2020, 5,791 restricted shares of Mr. O'Connor's Company stock, granted February 13, 2018, vested. On February 13, 2020, Mr. O'Connor automatically surrendered 2,876 of the 5,791 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, 12,134 restricted shares of Mr. O'Connor's Company stock, vested. On February 14, 2020, Mr. O'Connor automatically surrendered 6,025 of the 12,134 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.