Sec Form 4 Filing - ROYAL BANK OF SCOTLAND GROUP PLC @ YRC Worldwide Inc. - 2011-09-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ROYAL BANK OF SCOTLAND GROUP PLC
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)
(Last) (First) (Middle)
36 ST. ANDREW SQUARE
3. Date of Earliest Transaction (MM/DD/YY)
09/16/2011
(Street)
EDINBURGH, X0EH12 1HQ
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROYAL BANK OF SCOTLAND GROUP PLC
36 ST. ANDREW SQUARE
EDINBURGH, X0EH12 1HQ
X
Signatures
/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
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.

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