Andrew B. Schmitt - May 13, 2021 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Director
Signature
/s/ Emily Varges, as attorney in fact
Stock symbol
RAIL
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 07:04 PM
Next filing
May 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +8.88K +10.51% $0.00 93.4K May 13, 2021 Direct F1, F2
holding RAIL Common Stock 40K May 13, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2018 Long Term Incentive Plan.
F2 The restricted shares were granted pursuant to the Issuer's 2018 Long Term Incentive Plan, for which no consideration was paid by the recipient. The restricted shares represent shares granted as part of the annual retainer for serving as director of the Issuer. The shares will vest at the close of business on the earlier of (i) May 13, 2022 or (ii) the last trading day before the date of the Company's 2022 annual meeting of shareholders.
F3 These shares are held in the Andrew B & Margaret Anne Schmitt Community Property Trust for which the reporting person and his spouse are the settlors, trustees and beneficiaries.

Remarks:

Exhibit List: 24.1 Power of Attorney