O'Connor Thomas Joseph III 4
4 · YRC Worldwide Inc. · Filed May 11, 2020
Insider Transaction Report
Form 4
O'Connor Thomas Joseph III
President-USF Reddaway Inc.
Transactions
- Tax Payment
Common Stock
2020-05-07$1.51/sh−22,175$33,484→ 407,756 total
Footnotes (1)
- [F1]On February 28, 2020, 50,000 restricted shares of Mr. O'Connor's Company stock granted that day immediately vested. On May 7, 2020, Mr. O'Connor automatically surrendered 22,175 of the 50,000 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 28th 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.