Terence R. Rogers - 17 Jan 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
VP, CFO, Treas, Corp Sec
Signature
/s/ Emily Varges, as attorney in fact
Issuer symbol
RAIL
Transactions as of
17 Jan 2022
Net transactions value
$0
Form type
4
Filing time
19 Jan 2022, 18:14:11 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +31,904 +128% $0.000000 56,904 17 Jan 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 +46,421 $0.000000 46,421 17 Jan 2022 Common stock 46,421 $3.82 Direct F3, F4, F5
holding RAIL Employee Stock Option 300,000 17 Jan 2022 Common stock 300,000 $3.98 Direct F6
* 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 February 15, 2021, the recipient was granted 300,000 options which will vest in three equal annual installments beginning on February 15, 2022.