Daniel L. Olivier - Mar 1, 2023 Form 4 Insider Report for Yellow Corp (YELL)

Signature
/s/Leah K. Dawson, Attorney-in-Fact for Daniel L. Oliver
Stock symbol
YELL
Transactions as of
Mar 1, 2023
Transactions value $
-$37,645
Form type
4
Date filed
3/3/2023, 03:52 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 -$25.6K -10.6K -2.92% $2.42 352K Mar 1, 2023 Direct F1
transaction YELL Common Stock Tax liability -$12K -3.86K -1.1% $3.11 348K 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, 22,599 of Mr. Oliver's restricted stock units ("RSUs"), granted on February 28, 2021, vested. On March 1, 2023, 10,599 of the 22,599 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, 8,223 of Mr. Oliver's RSUs, granted on January 27, 2023, vested. On March 2, 2023, 3,857 of the 8,223 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.