Sec Form 4 Filing - CYRUS CAPITAL PARTNERS, LP @ YRC Worldwide Inc. - 2013-10-16

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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
CYRUS CAPITAL PARTNERS, LP
2. Issuer Name and Ticker or Trading Symbol
YRC Worldwide Inc. [ TRCW]
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)
399 PARK AVENUE, 39TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
10/16/2013
(Street)
NEW YORK, NY10022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 10/16/2013 S 527,068 D $ 14.7798 0 I See Footnotes ( 1 ) ( 2 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CYRUS CAPITAL PARTNERS, LP
399 PARK AVENUE
39TH FLOOR
NEW YORK, NY10022
X
CYRUS CAPITAL PARTNERS GP, LLC
399 PARK AVENUE
39TH FLOOR
NEW YORK, NY10022
X
FREIDHEIM STEPHEN C
399 PARK AVENUE
39TH FLOOR
NEW YORK, NY10022
X
FBC HOLDINGS S.A.R.L.
399 PARK AVENUE
39TH FLOOR
NEW YORK, NY10022
X
Signatures
/s/ Stephen C. Freidheim, Manager of Cyrus Capital Partners GP, LLC, its general partner 10/18/2013
Signature of Reporting Person Date
/s/ Stephen C. Freidheim, Manager 10/18/2013
Signature of Reporting Person Date
/s/ Stephen C. Freidheim 10/18/2013
Signature of Reporting Person Date
/s/ Stephen C. Freidheim, Manager of Cyrus Capital Partners GP, LLC, the general partner of Cyrus Capital Partners, L.P., the investment manager of FBC Holdings S.a.r.l's shareholders 10/18/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This statement is being filed by Cyrus Capital Partners, L.P., a Delaware limited partnership ("Cyrus"), FBC Holdings, S.a.r.l., a Luxembourg limited liability company ("FBC"), Cyrus Capital Partners GP, L.L.C., a Delaware limited liability company ("Cyrus GP"), and Mr. Stephen C. Freidheim (each of Cyrus, FBC, Cyrus GP and Mr. Freidheim, collectively, the "Reporting Persons"). FBC, which serves as a special purpose vehicle for making investments, is a wholly-owned subsidiary of Cyrus Opportunities Master Fund II, Ltd., CRS Master Fund, L.P., Crescent 1, L.P., Cyrus Select Opportunities Master Fund, Ltd. and Cyrus Europe Master Fund, Ltd., each of which are private investment funds engaged in the business of acquiring, holding and disposing of investments. Cyrus is the manager of FBC and the investment manager of each private fund holding an interest in FBC. Cyrus GP is the general partner of Cyrus. Mr. Freidheim is the manager of Cyrus GP and the Chief Investment Officer of Cyrus.
( 2 )Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that each Reporting Person was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any shares of Common Stock, par value $0.01 per share, of YRC Worldwide, Inc. held by the Reporting Persons, and such beneficial ownership was and is expressly disclaimed by the Reporting Persons (other than FBC) except to the extent of their pecuniary interest.

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