Pierson Jamie G. 4
4 · YRC Worldwide Inc. · Filed May 11, 2020
Insider Transaction Report
Form 4
Pierson Jamie G.
EVP and CFO
Transactions
- Tax Payment
Common Stock
2020-05-07$1.51/sh−41,024$61,946→ 455,315 total
Footnotes (1)
- [F1]On February 28, 2020, 92,500 restricted shares of Mr. Pierson's Company stock granted that day immediately vested. On May 7, 2020, Mr. Pierson automatically surrendered 41,024 of the 92,500 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.