SEC Form 4 · accession 0000716006-15-000026
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Hawkins
Officer — President of YRC Inc.
Period of report
Feb 26, 2015
Accepted (ET)
Feb 27, 2015 · 4:20 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 26, 2015 | F | 1,556 | $20.02 | D | 23,444 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 26, 2015, 5,000 restricted shares of Mr. Hawkins's previously-granted Company stock vested. On the same date, Mr. Hawkins automatically surrendered 1,556 of the 5,000 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the February 26th vesting. The automatic surrender of newly-vested shares is the Company default process for paying tax withholding obligations triggered upon the vesting of restricted stock.