SEC Form 4 · accession 0001014108-15-000189
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Welch
Officer — Chief Executive Officer · Director
Period of report
Jul 21, 2015
Accepted (ET)
Jul 22, 2015 · 5:23 pm EDT
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 | Jul 21, 2015 | F | 14,215 | $13.32 | D | 493,425 | D | |
| Common Stock | Jul 21, 2015 | F | 1,135 | $13.32 | D | 492,290 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 21, 2015, 30,602 restricted shares of Mr. Welch's Company stock, granted December 2, 2011, vested. On July 21, 2015, Mr. Welch automatically surrendered 14,215 of the 30,602 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the July 21st 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 July 21, 2015, 2,442 restricted shares of Mr. Welch's Company stock, granted February 26, 2013, vested. On July 21, 2015, Mr. Welch automatically surrendered 1,135 of the 2,442 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the July 21st 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.