Ware Scott D. 4
4 · YRC Worldwide Inc. · Filed May 11, 2020
Insider Transaction Report
Form 4
Ware Scott D.
President, USF Holland
Transactions
- Tax Payment
Common Stock
2020-05-07$1.51/sh−20,166$30,451→ 353,344 total
Footnotes (1)
- [F1]On February 28, 2020, 46,250 restricted shares of Mr. Ware's Company stock granted that day immediately vested. On May 7, 2020, Mr. Ware automatically surrendered 20,166 of the 46,250 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.