Jason W. Bergman - Mar 2, 2023 Form 4 Insider Report for Yellow Corp (YELL)

Role
Chief Commercial Officer
Signature
/s/Leah K. Dawson, Attorney-in-Fact for Jason W. Bergman
Stock symbol
YELL
Transactions as of
Mar 2, 2023
Transactions value $
-$42,898
Form type
4
Date filed
3/6/2023, 01:54 PM
Previous filing
Mar 2, 2022
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 -$42.9K -17.7K -26.67% $2.43 48.6K Mar 2, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2023, 32,500 restricted shares of Mr. Bergman's Company stock, granted February 28, 2020, vested. On March 2, 2023, an automatic broker sale of 17,668 of the 32,500 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 28th vesting. The automatic broker sale of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
F2 The price listed is an average weighted price.
F3 The amount owned includes 250 shares Mr. Bergman purchased via an employee stock purchase plan on November 30, 2022.