Leldon E. Echols - Mar 31, 2022 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
Director
Signature
Christina Maldonado For: Leldon E. Echols
Stock symbol
TRN
Transactions as of
Mar 31, 2022
Transactions value $
$14,706
Form type
4
Date filed
4/4/2022, 05:15 PM
Previous filing
Mar 22, 2022
Next filing
May 11, 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 $14.7K +428 +0.67% $34.36 64.4K Mar 31, 2022 Common Stock 428 $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.