Hawkins Darren 4
4 · Yellow Corp · Filed Mar 6, 2023
Insider Transaction Report
Form 4
Yellow CorpYELL
Hawkins Darren
President of YRC Inc.
Transactions
- Tax Payment
Common Stock
2023-03-02$2.43/sh−46,567$113,065→ 381,284 total
Footnotes (3)
- [F1]On February 28, 2023, 118,750 restricted shares of Mr. Hawkins' Company stock, granted February 28, 2020, vested. On March 2, 2023, an automatic broker sale of 46,567 of the 118,750 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 28th 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]The price listed is an average weighted price.
- [F3]The amount owned includes 250 shares Mr. Hawkins purchased via an employee stock purchase plan on November 30, 2022.