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YRC Worldwide Inc. Message Board

  • prudentvoice prudentvoice Mar 12, 2010 10:57 AM Flag

    Don't slant truth trendsafe - Shares sold for taxes only

    Trendsafe asked in a message board headline

    "Why did CEO zollar & others sell yrcw big yesterday?"

    Turns out THIS IS ACTUALLY POSITIVE they are keeping majority of shares vested and just selling a few to take care of taxes.

    Turns out not a big amount , less than 14,000 shares or $7,000 for Zollar and less for others

    Note from SEC Form 4: ( 1) The reporting person surrendered these shares to satisfy the tax withholding obligations in respect of certain shares of the issuer's common stock that vested on March 9, 2010.

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