Daniel L. Olivier - Aug 23, 2022 Form 4 Insider Report for Yellow Corp (YELL)

Signature
/s/ Purvi Shah, Attorney-in-Fact for Daniel L. Olivier
Stock symbol
YELL
Transactions as of
Aug 23, 2022
Transactions value $
-$170,816
Form type
4
Date filed
8/24/2022, 04:16 PM
Previous filing
May 23, 2022
Next filing
Nov 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Tax liability -$171K -22.9K -6.63% $7.47 322K Aug 23, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 23, 2022, 52,447 restricted stock units ("RSUs"), granted to Mr. Olivier on August 23, 2021, vested immediately. On August 23, 2022, 22,867 of the 52,447 shares underlying the newly-vested RSUs were surrendered to satisfy the tax withholding obligation triggered upon the August 23rd vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.