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FORM 3          U.S. SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549                              ----------------------------
                                                                             OMB APPROVAL
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES                      ----------------------------
                                                                             OMB Number: 3235-0104
 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,     Expires: September 30, 1998
    Section 17(a) of the Public Utility Holding Company Act of 1935 or       Estimated average burden
            Section 30(f) of the Investment Company Act of 1940              hours per response.... 0.5
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- -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person(1) Bruffett Stephen L. - -------------------------------------------------------------------------------- (Last) (First) (Middle) 10990 Roe Avenue - -------------------------------------------------------------------------------- (Street) Overland Park KS 66211 - -------------------------------------------------------------------------------- (City) (State) (Zip) - -------------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) 2/24/01 - -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) - -------------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Yellow Corporation (YELL) - -------------------------------------------------------------------------------- 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Vice President and Treasurer ---------------------------- - -------------------------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) - -------------------------------------------------------------------------------- 7. 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 BENEFICIALLY OWNED ================================================================================
3. Ownership Form: 2. Amount of Securities Direct (D) or 1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ None - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== 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 5(b)(v).
2 FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================
5. Owner- 3. Title and Amount of Securities ship Underlying Derivative Securities Form of 2. Date Exercisable (Instr. 4) Derivative and Expiration Date --------------------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of ---------------------- or Exercise (D) or Indirect Date Expira- Number Price of Indirect Beneficial 1. Title of Derivative Exer- tion of Derivative (I) Ownership Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5) - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 10/15/01 10/14/08 Common Stock 625 11.50 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 10/15/02 10/14/08 Common Stock 625 11.50 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 8/31/01 8/30/09 Common Stock 500 15.875 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 8/31/02 8/30/09 Common Stock 500 15.875 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 8/31/03 8/30/09 Common Stock 500 15.875 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 7/20/01 7/19/10 Common Stock 3,750 15.3125 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 7/20/02 7/19/10 Common Stock 3,750 15.3125 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 7/20/03 7/19/10 Common Stock 3,750 15.3125 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option 7/20/04 7/19/10 Common Stock 3,750 15.3125 D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: - ------------------------- /s/ Stephen Bruffett 2/28/01 - --------------------------------------------- ----------------------- Signature of Reporting Person(1) Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 (Print or Type Responses)