Yellow | Yrcw Chief Customer Officer's Restricted Shares Of Stock Vest!

Freightmaster1

TB Legend
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http://investors.yrcw.com/static-files/6311e1c5-bac3-43a0-8838-70afde616204

Explanation of Responses:1. On June 1, 2019, 7,993 restricted shares of Mr. Hall's Company stock, granted June 1, 2016, vested. On June 3, 2019, Mr. Hall automatically surrendered 4,045 of the 7,993 newly-vested shares to theCompany to satisfy the tax withholding obligation triggered upon the June 1st vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholdings obligationstriggered upon the vesting of restricted stock./s/Leah K. Dawson, Attorney-in-fact for Justin M. Hall
OsDerFE.jpg

Another YRCW exec gets big $$$$$$$!

:wtflol:
 
http://investors.yrcw.com/static-files/6311e1c5-bac3-43a0-8838-70afde616204

Explanation of Responses:1. On June 1, 2019, 7,993 restricted shares of Mr. Hall's Company stock, granted June 1, 2016, vested. On June 3, 2019, Mr. Hall automatically surrendered 4,045 of the 7,993 newly-vested shares to theCompany to satisfy the tax withholding obligation triggered upon the June 1st vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholdings obligationstriggered upon the vesting of restricted stock./s/Leah K. Dawson, Attorney-in-fact for Justin M. Hall
OsDerFE.jpg

Another YRCW exec gets big $$$$$$$!

:wtflol:
Closing price $4.10 X (7993-4045=3948) = $16,186.

It’s not a ‘lot’ as far as stock options go.
 
I only turn down free money if it’s somehow tainted.

I’m not an executive, so it’s not an offer nor idea I might contemplate.

If I were a board member, I could easily blow it on a high end meal with a very nice bottle of wine.
If I remember correctly..... the company is hurting. This is all that they can afford for a bonus for them. I don't feel bad for them. Take it or leave it.
 
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