SEC Form 4 · accession 0001014108-17-000039
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D. Ware
Officer — President, USF Holland
Period of report
Feb 27, 2017
Accepted (ET)
Feb 27, 2017 · 4:43 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 23, 2017 | F | 1,594 | $12.56 | D | 63,952 | D | |
| Common Stock | Feb 23, 2017 | F | 3,498 | $12.56 | D | 60,454 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 23, 2017, 3,516 restricted shares of Mr. Ware's Company stock, granted March 9, 2015, vested. On February 23, 2017, Mr. Ware automatically surrendered 1,594 of the 3,516 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.
- F2On February 23, 2017, 6,893 restricted shares of Mr. Ware's Company stock, earned February 15, 2016, vested. On February 23, 2017, Mr. Ware automatically surrendered 3,498 of the 6,893 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.