Melendy E. Lovett - Jun 30, 2021 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
EVP & Chief Admin Officer
Signature
Christina Maldonado For: Melendy E. Lovett
Stock symbol
TRN
Transactions as of
Jun 30, 2021
Transactions value $
$3,092
Form type
4
Date filed
7/1/2021, 04:42 PM
Previous filing
May 18, 2021
Next filing
Feb 1, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRN Trinity Phantom Stock Units Award $3.09K +115 +0.78% $26.89 14.9K Jun 30, 2021 Common Stock 115 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Trinity Phantom Stock Units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees. Stock units are converted at "1 - for - 1" (a rate of one stock unit per one share of Trinity common stock). Settlement of the account will be in cash after the reporting person's retirement.