SEC Form 4 · accession 0001014108-17-000056
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark David Boehmer
Officer — Vice President and Treasurer
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:47 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 27, 2017 | F | 2,364 | $12.58 | D | 47,231 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 26, 2017, 5,088 restricted shares of Mr. Boehmer's Company stock, granted February 26, 2016, vested. On February 27, 2017, Mr. Boehmer automatically surrendered 2,364 of the 5,088 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 26th 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.