Michael Anthony Riordan - 17 Jan 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Corporate Controller and CAO
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, 18:17:14 UTC
Next filing
23 Mar 2022
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 +14,110 +100% $0.000000 28,257 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 +8,799 $0.000000 8,799 17 Jan 2022 Common stock 8,799 $3.82 Direct F3, F4, F5
holding RAIL Employee Stock Option 10,467 17 Jan 2022 Common stock 10,467 $3.81 Direct F6
holding RAIL Employee Stock Option 50,000 17 Jan 2022 Common stock 50,000 $2.38 Direct F7
holding RAIL Employee Stock Appreciation Right 25,000 17 Jan 2022 Common stock 25,000 $2.58 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 10,467 options which will vest in three equal annual installments beginning on January 28, 2022.
F7 On January 5, 2021 the recipient was granted 50,000 cash-settled stock appreciation rights.17,000 cash-settled stock appreciation rights are fully vested and currently exercisable, 16,500 cash-settled stock appreciations rights will vest on January 5, 2023 and 16,500 cash-settled stock appreciation rights will vest on January 5, 2024.
F8 On November 30, 2020 the recipient was granted 25,000 cash-settled stock appreciation rights. 8,500 cash-settled stock appreciation rights are fully vested and currently exercisable, 8,250 cash-settled stock appreciation rights will vest on November 30, 2022 and 8,250 cash-settled stock appreciation rights will vest on November 30, 2023