Freightmaster1
TB Legend
- Credits
- 608
( 1) On July 22, 2014, 30,601 restricted shares of Mr. Welch's Company stock, granted December 2, 2011, vested. On July 22, 2014, Mr. Welch automatically surrendered 14,215 of the 30,601 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the July 22nd vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
( 2) On July 22, 2014, 2,442 restricted shares of Mr. Welch's Company stock, granted February 26, 2013, vested. On July 22, 2014, Mr. Welch automatically surrendered 1,135 of the 2,442 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the July 22nd vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
YRC Worldwide - Statement of Changes of Beneficial Ownership
( 2) On July 22, 2014, 2,442 restricted shares of Mr. Welch's Company stock, granted February 26, 2013, vested. On July 22, 2014, Mr. Welch automatically surrendered 1,135 of the 2,442 newly-vested shares to the Company to satisfy the tax withholding obligations triggered upon the July 22nd vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
YRC Worldwide - Statement of Changes of Beneficial Ownership
