SEC Form 4 · accession 0001014108-15-000199
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 31, 2015
Accepted (ET)
Aug 3, 2015 · 4:56 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 31, 2015 | F | 78,208 | $19.30 | D | 414,082 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 31, 2015, 168,369 restricted shares of Mr. Welch's Company stock, granted December 30, 2014, vested. On July 31, 2015, Mr. Welch automatically surrendered 78,208 of the 168,369 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the July 31st 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.