SEC Form 4 · accession 0001014108-19-000013
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Robert Davidson
Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 3:59 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 11, 2019 | A | 38,000 | $0.00 | A | 82,808 | D | |
| Common Stock | Feb 11, 2019 | A | 20,627 | $0.00 | A | 103,435 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These restricted stock units have both time and performance vesting criteria. They time vest the earlier date of 2019 Annual Stockholders Meeting or June 30, 2019, and they performance vest upon the Company's common stock achieving a 30-calendar day weighted-volume average stock price of $11.75 per share on or before December 31, 2020. These restricted stock units settle in Company common stock upon meeting both vesting criteria.
- F2These restricted stock units are fully vested; however, receipt of the vested shares of common stock is deferred until the earlier of Mr. Davidson leaving the Board or February 11, 2022.