Celia Perez - 04 Jan 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
GC and Corp Secretary
Signature
/s/ Celia Perez
Issuer symbol
RAIL
Transactions as of
04 Jan 2024
Net transactions value
$0
Form type
4
Filing time
08 Jan 2024, 17:39:13 UTC
Previous filing
10 Jan 2023
Next filing
16 Sep 2024
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 +23,558 +124% $0.000000 42,580 04 Jan 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 +14,201 $0.000000 14,201 04 Jan 2024 Common Stock 14,201 $2.73 Direct F3, F4, F5
holding RAIL Employee Stock Option 11,682 04 Jan 2024 Common Stock 11,682 $3.22 Direct F6
holding RAIL Employee Stock Option 15,000 04 Jan 2024 Common Stock 15,000 $4.48 Direct F7
* 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 11,682 options. 3,971 options are fully vested and currently exercisable, 3,855 options will vest on January 6, 2025 and 3,856 options will vest on January 6, 2026.
F7 On August 29, 2022, the recipient was granted 15,000 options. 5,100 options are fully vested and currently exercisable, 4,950 options will vest on August 29, 2024 and 4,950 options will vest on August 29, 2025.