Leah K. Dawson - Mar 1, 2023 Form 4 Insider Report for Yellow Corp (YELL)

Signature
/s/Leah K. Dawson
Stock symbol
YELL
Transactions as of
Mar 1, 2023
Transactions value $
-$39,299
Form type
4
Date filed
3/3/2023, 03:37 PM
Previous filing
Jan 31, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Tax liability -$21.5K -8.87K -4.06% $2.42 210K Mar 1, 2023 Direct F1
transaction YELL Common Stock Tax liability -$17.8K -5.73K -2.74% $3.11 204K Mar 2, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2023, 20,339 of Ms. Dawson's restricted stock units ("RSUs"), granted on February 28, 2021, vested. On March 1, 2023, 8,873 of the 20,339 shares underlying these newly-vested RSUs were surrendered to satisfy the tax withholding obligation triggered upon the February 28th vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.
F2 On January 27, 2023, 12,923 of Ms. Dawson's RSUs, granted on January 27, 2023, vested. On March 2, 2023, 5,732 of the 12,923 shares underlying these newly-vested RSUs were surrendered to satisfy the tax withholding obligations triggered upon the January 27th vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.