Daniel L. Olivier - 01 Mar 2023 Form 4 Insider Report for Yellow Corp (YELLQ)

Signature
/s/Leah K. Dawson, Attorney-in-Fact for Daniel L. Oliver
Issuer symbol
YELLQ
Transactions as of
01 Mar 2023
Net transactions value
-$37,645
Form type
4
Filing time
03 Mar 2023, 15:52:36 UTC
Previous filing
31 Jan 2023
Next filing
16 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Tax liability $25,650 -10,599 -2.9% $2.42 352,135 01 Mar 2023 Direct F1
transaction YELL Common Stock Tax liability $11,995 -3,857 -1.1% $3.11 348,278 02 Mar 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.