SEC Form 4 · accession 0001014108-16-000389
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Joseph O'Connor III
Officer — President, USF Reddaway Inc.
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 5:25 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 | Feb 22, 2016 | F | 2,083 | $8.31 | D | 33,983 | D | |
| Common Stock | Feb 23, 2016 | F | 985 | $8.12 | D | 32,998 | D | |
| Common Stock | Feb 23, 2016 | F | 2,150 | $8.12 | D | 30,848 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 20, 2016, 5,000 restricted shares of Mr. O'Connor's newly-vested Company stock vested. On February 22, 2016, Mr. O'Connor automatically surrendered 2,083 of the 5,000 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 20th 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 February 23, 2016, 2,776 restricted shares of Mr. O'Connor's Company stock, granted March 9, 2015, vested. On February 23, 2016, Mr. O'Connor automatically surrendered 985 of the 2,776 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 23rd 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.
- F3On February 23, 2016, 5,441 restricted shares of Mr. O'Connor's Company stock, granted February 15, 2016, vested. On February 23, 2016, Mr. O'Connor automatically surrendered 2,150 of the 5,441 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 23rd 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.