Ware Scott D. 4
4 · Yellow Corp · Filed Feb 19, 2021
Insider Transaction Report
Form 4
Yellow CorpYELL
Ware Scott D.
President, USF Holland
Transactions
- Tax Payment
Common Stock
2021-02-17$6.29/sh−2,556$16,064→ 160,772 total
Footnotes (2)
- [F1]On February 13, 2021, 4,922 restricted shares of Mr. Ware's Company stock, granted February 13, 2018, vested. On February 17, 2021, an automatic broker sale of 2,556 of the 4,922 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 13th vesting. The automatic broker sale of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
- [F2]This total has been adjusted to report 165,016 performance-based shares that did not vest and were forfeited on December 31, 2020.