SEC Form 4 · accession 0001014108-18-000038
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason T Ringgenberg
Officer — Chief Information Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:48 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 | 1,239 | $9.36 | D | 44,863 | D | |
| Common Stock | Feb 23, 2018 | F | 633 | $9.36 | D | 44,230 | D | |
| Common Stock | Feb 26, 2018 | F | 1,385 | $9.42 | D | 42,845 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 23, 2018, 2,495 performance stock units of Mr. Ringgenberg's Company stock, granted March 9, 2015 and earned February 15, 2016, vested. On February 23, 2018, Mr. Ringgenberg automatically surrendered 1,239 of the 2,495 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, 1,273 restricted shares of Mr. Ringgenberg's Company stock, granted March 9, 2015, vested. On February 23, 2018, Mr. Ringgenberg automatically surrendered 633 of the 1,273 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, 2,788 restricted shares of Mr. Ringgenberg's Company stock, granted February 26, 2016, vested. On February 26, 2018, Mr. Ringgenberg automatically surrendered 1,385 of the 2,788 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.