SEC Form 4 · accession 0000716006-15-000028
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Welch
Officer — Chief Executive Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:03 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 | Mar 2, 2015 | F | 26,042 | $19.38 | D | 436,846 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 28, 2015, 56,123 restricted shares of Mr. Welch's previously-granted Company stock vested. On March 2, 2015, Mr. Welch automatically surrendered 26,042 of the 56,123 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the February 28th 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.