SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ROYAL BANK OF SCOTLAND GROUP PLC

(Last) (First) (Middle)
36 ST. ANDREW SQUARE

(Street)
EDINBURGH X0 EH12 1HQ

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
YRC Worldwide Inc. [ YRCW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share ("Common Stock") 09/16/2011 S 5,000,000 D $0.0939 23,088,024 I See footnote(1)
Common Stock 09/16/2011 S 2,000,000 D $0.0703 21,088,024 I See footnote(1)
Common Stock 09/19/2011 S 1,959,227 D $0.0817 19,128,797 I See footnote(1)
Common Stock 09/20/2011 S 111,677 D $0.0721 19,017,120 I See footnote(1)
Common Stock 09/21/2011 S 928,800 D $0.07 18,088,320 I See footnote(1)
Common Stock 09/26/2011 S 1,474,687 D $0.057 16,613,633 I See footnote(1)
Common Stock 09/27/2011 S 8,000,000 D $0.0598 8,613,633 I See footnote(1)
Common Stock 09/28/2011 S 1,475,637 D $0.0503 7,137,996 I See footnote(1)
Common Stock 09/29/2011 S 652,769 D $0.0507 6,485,227 I See footnote(1)
Common Stock 09/30/2011 S 2,000,000 D $0.0483 4,485,227 I See footnote(1)
Common Stock 10/03/2011 S 929,499 D $0.0473 3,555,728 I See footnote(1)
Common Stock 10/04/2011 S 1,826,989 D $0.0385 1,728,739 I See footnote(1)
Common Stock 10/05/2011 S 1,725,000 D $0.0432 3,739 I See footnote(1)
Common Stock 10/05/2011 S 4,000,000 D $0.0417 0 I See footnote(1)
Common Stock 10/06/2011 S 1,000,000 D $0.047 0 I See footnote(1)
Common Stock 10/13/2011 C 27,506,556 A (2) 22,510,295 I See footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
10% Series B Convertible Senior Secured Notes Due 2015 (2) 10/13/2011 C 1,207,341 09/16/2011 03/31/2015 Common Stock 27,506,556 (2) 1,144,523 I See footnote(1)
Explanation of Responses:
1. All of the securities reported are owned directly by The Royal Bank of Scotland plc ("RBS"). All of the shares of RBS are owned by The Royal Bank of Scotland Group plc ("RBSG"). Each of RBS and RBSG disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. This form is filed without prejudice to the reporting person's position that none of RBSG or RBS or any of their subsidiaries, individually or in the aggregate, are required to file beneficial ownership reports under Section 16(a) of the Securities Exchange Act of 1934, and should not be construed or interpreted as a concession or admission that such reports are required.
2. The 10% Series B Convertible Senior Secured Notes Due 2015 ("Series B Notes") were converted at a rate of 16,187 shares of Common Stock per $1000 of Series B Notes in accordance with the terms thereof as described in the Registration Statement on Form S-1 filed with the Securities and Exchange Commission on September 23, 2011.
Remarks:
/s/ Richard Hopkins, THE ROYAL BANK OF SCOTLAND plc, Name: Richard Hopkins, Title: Manager, Share Aggregation & Reporting 01/04/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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