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

Role: Chief Financial Officer
Signature: /s/ Purvi Shah, Attorney-in-Fact for Daniel L. Olivier
Issuer symbol: YELLQ
Transactions as of: 23 Aug 2022
Net transactions value: -$170,816
Form type: 4
Filing time: 24 Aug 2022, 16:16:19 UTC
Previous filing: 23 May 2022
Next filing: 09 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELL	Common Stock	Tax liability	$170,816	-22,867	-6.6%	$7.47	322,186	23 Aug 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.

Content

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.