W. Matthew Tonn - Jan 17, 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Chief Commercial Officer
Signature
/s/ Emily Varges, as attorney in fact
Stock symbol
RAIL
Transactions as of
Jan 17, 2022
Transactions value $
$0
Form type
4
Date filed
1/19/2022, 06:03 PM
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +32.9K +24.57% $0.00 167K Jan 17, 2022 Direct F1, F2

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 RAIL Employee Stock Option Award $0 +47.8K $0.00 47.8K Jan 17, 2022 Common stock 47.8K $3.82 Direct F3, F4, F5
holding RAIL Employee Stock Option 49.2K Jan 17, 2022 Common stock 49.2K $3.81 Direct F6
holding RAIL Employee Stock Option 300K Jan 17, 2022 Common stock 300K $2.38 Direct F7
holding RAIL Employee Stock Appreciation Right 144K Jan 17, 2022 Common stock 144K $1.66 Direct F8
* 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. These shares were granted on January 17, 2022 and will vest on January 17, 2025. The restricted shares are subject to certain restrictions (including possible forfeiture).
F2 The restricted shares were granted pursuant to the Issuer's 2018 Long Term Incentive Plan and no consideration was paid by the recipient for the restricted shares.
F3 Exempt issuance of options under Rule 16(b)-3 pursuant to the Issuer's 2018 Long Term Incentive Plan
F4 The options vest in three equal annual installments beginning on January 17, 2023.
F5 The options were granted pursuant to the Issuer's 2018 Long Term Incentive Plan, for which no consideration was paid by the recipient.
F6 On January 28, 2021, the recipient was granted 49,162 options which will vest in three equal annual installments beginning on January 28, 2022.
F7 On January 5, 2021 the recipient was granted 300,000 cash-settled stock appreciation rights. 102,000 cash-settled stock appreciation rights are fully vested and currently exercisable, 99,000 cash-settled stock appreciations rights will vest on January 5, 2023 and 99,000 cash-settled stock appreciation rights will vest on January 5, 2024.
F8 On January 24, 2020 the recipient was granted 144,090 cash-settled stock appreciation rights. 48,991 cash-settled stock appreciation rights are fully vested and currently exercisable, 47,550 cash-settled stock appreciations rights will vest on January 24, 2022 and 47,549 cash-settled stock appreciation rights will vest on January 24, 2023.