James R. Faught - 18 Feb 2022 Form 4 Insider Report for Yellow Corp (YELLQ)

Signature
/s/ Purvi Shah, Attorney-in-Fact for James R. Faught
Issuer symbol
YELLQ
Transactions as of
18 Feb 2022
Net transactions value
-$14,569
Form type
4
Filing time
23 Feb 2022, 10:21:41 UTC
Previous filing
21 Jan 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Tax liability $14,569 -1,497 -1% $9.73* 141,375 18 Feb 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 17, 2022, 5,000 restricted shares of Mr. Faught's Company stock, granted February 17, 2020, vested. On February 18, 2022, an automatic broker sale of 1,497 of the 5,000 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 17 vesting. The automatic broker sale of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.