MFN Partners, LP - Jul 26, 2023 Form 4 Insider Report for Yellow Corp (YELL)

Role
10%+ Owner
Signature
MFN PARTNERS, LP, By: /s/ Jonathan Reisman, Name: Jonathan Reisman, Title: Authorized Person
Stock symbol
YELL
Transactions as of
Jul 26, 2023
Transactions value $
$4,361,239
Form type
4
Date filed
7/28/2023, 07:28 PM
Previous filing
Nov 10, 2022
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Purchase $234K +289K +5.1% $0.81 5.96M Jul 26, 2023 Direct F1
transaction YELL Common Stock Purchase $2.16M +3.79M +63.7% $0.57 9.75M Jul 27, 2023 Direct F1, F2
transaction YELL Common Stock Purchase $1.96M +3.02M +31% $0.65 12.8M Jul 28, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. Farhad Nanji and Michael F. DeMichele are managing members of MFN GP and MFN LLC. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest, if any, therein.
F2 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.46 to $0.76. The Reporting Persons undertake to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.60 to $0.70. The Reporting Persons undertake to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.