SEC Form 4 · accession 0000716006-15-000020
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamie G. Pierson
Officer — Executive Vice President & CFO
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000716006
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 25, 2015 | F | 13,952 | $20.00 | D | 242,707 | D | |
| Common Stock | Feb 25, 2015 | F | 7,742 | $0.00 | D | 234,965 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 25, 2015, 30,015 restricted shares of Mr. Pierson's previously-granted Company stock vested. On the same date, Mr. Pierson automatically surrendered 13,952 of the 30,015 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the February 25th 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.
- F2On February 25, 2015, 16,667 restricted shares of Mr. Pierson's previously-granted Company stock vested. On the same date, Mr. Pierson automatically surrendered 7,742 of the 16,667 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the February 25th 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.