SEC Form 4 · accession 0001014108-18-000120
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Hawkins
Officer — Chief Executive Officer
Period of report
May 14, 2018
Accepted (ET)
May 15, 2018 · 5:52 pm EDT
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 | May 14, 2018 | F | 15,313 | $10.62 | D | 187,446 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 30, 2018, 38,914 restricted shares of Mr. Hawkins' Company stock, granted April 30, 2018, immediately vested. On May 14, 2018, Mr. Hawkins automatically surrendered 15,313 newly-vested shares to the Company to satisfy tax withholding obligation triggered upon the April 30th 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.