SEC Form 4 · accession 0001014108-18-000034
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 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:03 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, 2018 | F | 3,372 | $9.36 | D | 58,022 | D | |
| Common Stock | Feb 23, 2018 | F | 1,610 | $9.36 | D | 56,412 | D | |
| Common Stock | Feb 26, 2018 | F | 3,317 | $9.42 | D | 53,095 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 23, 2018, 6,894 performance stock units of Mr. Ware's Company stock, granted March 9, 2015 and earned February 15, 2016, vested. On February 23, 2018, Mr. Ware automatically surrendered 3,372 of the 6,894 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 performance stock units.
- F2On February 23, 2018, 3,517 restricted shares of Mr. Ware's Company stock, granted March 9, 2015, vested. On February 23, 2018, Mr. Ware automatically surrendered 1,610 of the 3,517 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 26, 2018, 7,727 restricted shares of Mr. Ware's Company stock, granted February 26, 2016, vested. On February 26, 2018, Mr. Ware automatically surrendered 3,317 of the 7,727 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.