SEC Form 4 · accession 0001014108-19-000038
YRC Worldwide Inc. · YRCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren Robert Stone
Officer — President, USF Reddaway Inc.
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 3:09 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 13, 2019 | F | 1,864 | $7.28 | D | 43,637 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 13, 2019, 3,474 restricted shares of Mr. Stone's Company stock, granted February 13, 2018, vested. On February 13, 2019, Mr. Stone automatically surrendered 1,864 of the 3,474 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the February 13th 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.