James R. Faught - 28 Feb 2022 Form 4 Insider Report for Yellow Corp (YELLQ)

Role: Chief Accounting Officer
Signature: /s/ Purvi Shah, Attorney-in-Fact for James R. Faught
Issuer symbol: YELLQ
Transactions as of: 28 Feb 2022
Net transactions value: -$37,355
Form type: 4
Filing time: 02 Mar 2022, 09:58:21 UTC
Previous filing: 23 Feb 2022
Next filing: 10 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELLQ	Common Stock	Tax liability	$37,355	-4,146	-2.9%	$9.01^*	137,229	28 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 28, 2022, 14,124 restricted shares of Mr. Faught's Company stock, granted February 28, 2021, vested. On February 28, 2022, an automatic broker sale of 4,146 of the 14,124 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.

Content

On February 28, 2022, 14,124 restricted shares of Mr. Faught's Company stock, granted February 28, 2021, vested. On February 28, 2022, an automatic broker sale of 4,146 of the 14,124 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.