Michael Anthony Riordan - Jan 4, 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
VP Finance, CFO and Treasurer
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, 05:34 PM
Previous filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +59.3K +56.12% $0.00 165K 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 +83.5K $0.00 83.5K Jan 4, 2024 Common Stock 83.5K $2.73 Direct F3, F4, F5
holding RAIL Employee Stock Option 50.1K Jan 4, 2024 Common Stock 50.1K $3.22 Direct F6
holding RAIL Employee Stock Option 100K Jan 4, 2024 Common Stock 100K $4.30 Direct F7
holding RAIL Employee Stock Option 8.8K Jan 4, 2024 Common Stock 8.8K $3.82 Direct F8
holding RAIL Employee Stock Option 10.5K Jan 4, 2024 Common Stock 10.5K $3.81 Direct F9
holding RAIL Employee Stock Option 50K Jan 4, 2024 Common Stock 50K $2.38 Direct F10
holding RAIL Employee Stock Option 25K Jan 4, 2024 Common Stock 25K $2.58 Direct F11
* 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 50,067 options. 17,022 options are fully vested and currently exercisable, 16,522 options will vest on January 6, 2025 and 16,523 options will vest on January 6, 2026.
F7 On March 21, 2022, the recipient was granted 100,000 options. 34,000 options are fully vested and currently exercisable, 33,000 options will vest on March 21, 2024 and 33,000 options will vest on March 21, 2025.
F8 On January 17, 2022, the recipient was granted 8,799 options. 2,991 options are fully vested and exercisable, 2,904 options will vest on January 17, 2024 and 2,904 options will vest on January 17, 2025.
F9 On January 28, 2021, the recipient was granted 10,467 options, 7,012 options are fully vested and currently exercisable and 3,455 options will vest on January 28, 2024.
F10 On January 5, 2021 the recipient was granted 50,000 cash-settled stock options which are fully vested and currently exercisable.
F11 On November 30, 2020 the recipient was granted 25,000 cash-settled stock appreciation rights which are fully vested and currently exercisable.