Darren Hawkins - Mar 2, 2023 Form 4 Insider Report for Yellow Corp (YELL)

Role
Chief Executive Officer
Signature
/s/Leah K. Dawson, Attorney-in-Fact for Darren Hawkins
Stock symbol
YELL
Transactions as of
Mar 2, 2023
Transactions value $
-$113,065
Form type
4
Date filed
3/6/2023, 02:02 PM
Previous filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YELL Common Stock Tax liability -$113K -46.6K -10.88% $2.43 381K 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, 118,750 restricted shares of Mr. Hawkins' Company stock, granted February 28, 2020, vested. On March 2, 2023, an automatic broker sale of 46,567 of the 118,750 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. Hawkins purchased via an employee stock purchase plan on November 30, 2022.