| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RAIL | Common Stock | Award | $0 | +20.4K | +2.57% | $0.00 | 815K | May 14, 2024 | Direct | F1 |
| holding | RAIL | Common Stock | 17.3K | May 14, 2024 | See footnote | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | RAIL | Employee Stock Option | 189K | May 14, 2024 | Common Stock | 189K | $3.22 | Direct | F3, F4 | |||||
| holding | RAIL | Employee Stock Option | 161K | May 14, 2024 | Common Stock | 161K | $3.82 | Direct | F4, F5 | |||||
| holding | RAIL | Employee Stock Option | 113K | May 14, 2024 | Common Stock | 113K | $3.81 | Direct | F4, F6 | |||||
| holding | RAIL | Employee Stock Option | 750K | May 14, 2024 | Common Stock | 750K | $2.38 | Direct | F4, F7 | |||||
| holding | RAIL | Employee Stock Appreciation Right | 332K | May 14, 2024 | Common Stock | 332K | $1.66 | Direct | F4, F8 | |||||
| holding | RAIL | Employee Stock Option | 73K | May 14, 2024 | Common Stock | 73K | $7.41 | Direct | F4, F9 | |||||
| holding | RAIL | Employee Stock Option | 33K | May 14, 2024 | Common Stock | 33K | $16.66 | Direct | F4, F10 | |||||
| holding | RAIL | Employee Stock Option | 350K | May 14, 2024 | Common Stock | 350K | $16.44 | Direct | F4, F11 | |||||
| holding | RAIL | Employee Stock Option | 242K | May 14, 2024 | Common Stock | 242K | $2.73 | Direct | F4, F12 |
| Id | Content |
|---|---|
| F1 | Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan. Shares will vest at the close of business on the earlier of (i) May 14, 2025, or (ii) the last trading day before the date of the Company's 2025 Annual Meeting of Shareholders. |
| F2 | The securities are owned by Cinci-Cebu, Inc. James Meyer owns 100% of Cinci-Cebu, Inc. and is deemed to beneficially own all of the securities owned by Cinci-Cebu, Inc. |
| F3 | On January 6, 2023, the recipient was granted 188,585 options. 64,118 options are fully vested and currently exercisable, 62,233 options will vest on January 6, 2025 and 62,234 options will vest on January 6, 2026. |
| F4 | Pursuant to Section 3.7 of the Issuer's Executive Severance Plan, awards permit vesting and/or exercisability, as applicable, to continue in accordance with their original terms subsequent to the Reporting Person's resignation from employment. |
| F5 | On January 17, 2022, the recipient was granted 161,402 options. 108,139 options are fully vested and currently exercisable. 53,263 options will vest on January 17, 2025. |
| F6 | On January 28, 2021, the recipient was granted 113,276 options which are fully vested and currently exercisable. |
| F7 | On January 5, 2021, the recipient was granted 750,000 cash-settled stock appreciation rights which are fully vested and currently exercisable. |
| F8 | On January 24, 2020 the recipient was granted 332,005 cash-settled stock appreciation rights which are fully vested and currently exercisable. |
| F9 | On January 14, 2019, the recipient was granted 72,959 options which are fully vested and currently exercisable. |
| F10 | On January 12, 2018, the recipient was granted 33,025 options which are fully vested and currently exercisable. |
| F11 | On July 31, 2017, the recipient was granted 350,000 options. The options vest and become exercisable based on a trailing 90-consecutive calendar day average closing price of one share of the Issuer's common stock (the "Stock Price") in the following proportions, provided the option holder remains continuously employed by the Issuer until the applicable vesting date: 34% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $5.00 per share above the exercise price, an additional 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $10.00 per share above the exercise price and the final 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $15.00 per share above the exercise price. |
| F12 | The options vest in three equal annual installments beginning on January 4, 2025. |