W. Matthew Tonn - Jan 4, 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Chief Commercial Officer
Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
Jan 4, 2024
Transactions value $
$0
Form type
4
Date filed
1/8/2024, 05:32 PM
Previous filing
Jan 26, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +61.8K +32.77% $0.00 250K Jan 4, 2024 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 +86.9K $0.00 86.9K Jan 4, 2024 Common Stock 86.9K $2.73 Direct F3, F4, F5
holding RAIL Employee Stock Option 55.9K Jan 4, 2024 Common Stock 55.9K $3.22 Direct F6
holding RAIL Employee Stock Option 47.8K Jan 4, 2024 Common Stock 47.8K $3.82 Direct F7
holding RAIL Employee Stock Option 49.2K Jan 4, 2024 Common Stock 49.2K $3.81 Direct F8
holding RAIL Employee Stock Option 300K Jan 4, 2024 Common Stock 300K $2.38 Direct F9
holding RAIL Employee Stock Option 144K Jan 4, 2024 Common Stock 144K $1.66 Direct F10
* 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 2022 Long Term Incentive Plan. These shares were granted on January 4, 2024 and will vest on January 4, 2027. The restricted shares are subject to certain restrictions (including possible forfeiture).
F2 The restricted shares were granted pursuant to the Issuer's 2022 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 2022 Long Term Incentive Plan.
F4 The options vest in three equal annual installments beginning on January 4, 2025.
F5 The options were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient.
F6 On January 6, 2023, the recipient was granted 55,908 options. 19,008 options are fully vested and currently exercisable, 18,450 options will vest on January 6, 2025, and 18,450 options will vest on January 6, 2026.
F7 On January 17, 2022, the recipient was granted 47,849 options. 16,268 options are fully vested and currently exercisable, 15,790 options will vest on January 17, 2024 and 15,791 options will vest on January 17, 2025.
F8 On January 28, 2021, the recipient was granted 49,162 options. 32,938 options are fully vested and currently exercisable and 16,224 options will vest on January 28, 2024.
F9 On January 5, 2021, the recipient was granted 300,000 cash-settled stock appreciation rights which are fully vested and currently exercisable.
F10 On January 24, 2020 the recipient was granted 144,090 cash-settled stock appreciation rights which are fully vested and currently exercisable.