SEC Form 4 · accession 0001014108-17-000008
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Hawkins
Officer — President, YRC, Inc.
Period of report
Jan 17, 2017
Accepted (ET)
Jan 18, 2017 · 4:50 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 | Jan 17, 2017 | F | 929 | $14.30 | D | 54,453 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 14, 2017, 2,500 restricted shares of Mr. Hawkins' Company stock vested. On January 17, 2017, Mr. Hawkins automatically surrendered 929 of the 2,500 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the January 14th 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.