Ware Scott D. 4
4 · YRC Worldwide Inc. · Filed Feb 18, 2020
Insider Transaction Report
Form 4
Ware Scott D.
President, USF Holland
Transactions
- Tax Payment
Common Stock
2020-02-13$2.42/sh−2,407$5,825→ 195,928 total - Tax Payment
Common Stock
2020-02-14$2.32/sh−7,418$17,210→ 188,510 total
Footnotes (2)
- [F1]On February 13, 2020, 4,922 restricted shares of Mr. Ware's Company stock, granted February 13, 2018, vested. On February 13, 2020, Mr. Ware automatically surrendered 2,407 of the 4,922 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, 15,168 restricted shares of Mr. Ware's Company stock, vested. On February 14, 2020, Mr. Ware automatically surrendered 7,418 of the 15,168 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.