SEC Form 4 · accession 0001014108-15-000217
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Robert Foust
Officer — President, New Penn Motor Exp
Period of report
Aug 11, 2015
Accepted (ET)
Aug 12, 2015 · 4:22 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 | Aug 11, 2015 | F | 1,496 | $19.88 | D | 24,890 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 11, 2015, 5,000 restricted shares of Mr. Foust's newly-vested Company stock vested. On August 11, 2015, Mr. Foust automatically surrendered 1,496 of the 5,000 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the August 11th 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.