SEC Form 4 · accession 0001014108-15-000271
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamie G. Pierson
Officer — Executive Vice President & CFO
Period of report
Nov 3, 2015
Accepted (ET)
Nov 4, 2015 · 4:52 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 | Nov 3, 2015 | F | 7,108 | $17.04 | D | 102,723 | D | |
| Common Stock | Nov 3, 2015 | F | 568 | $17.04 | D | 102,155 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 3, 2015, 15,300 restricted shares of Mr. Pierson's previously-granted Company stock vested. On November 3, 2015, Mr. Pierson automatically surrendered 7,108 of the 15,300 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the November 3rd 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 November 3, 2015, 1,220 restricted shares of Mr. Pierson's previously-granted Company stock vested. On November 3, 2015, Mr. Pierson automatically surrendered 568 of the 1,220 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the November 3rd 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.