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

Role: Chief Accounting Officer
Signature: /s/ Purvi Shah, Attorney-in-Fact for James R. Faught
Stock symbol: YELLQ
Transactions as of: Feb 28, 2022
Transactions value $: -$37,355
Form type: 4
Date filed: 3/2/2022, 09:58 AM
Previous filing: Feb 23, 2022
Next filing: Aug 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELLQ	Common Stock	Tax liability	-$37.4K	-4.15K	-2.93%	$9.01^*	137K	Feb 28, 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.