W. Matthew Tonn - May 21, 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
May 21, 2024
Transactions value $
$24,016
Form type
4
Date filed
5/24/2024, 12:34 PM
Previous filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $16.3K +4.4K +1.83% $3.70 245K May 21, 2024 Direct
transaction RAIL Common Stock Award $7.74K +2.13K +0.87% $3.63 247K May 22, 2024 Direct

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
holding RAIL Employee Stock Option 55.9K May 21, 2024 Common Stock 55.9K $3.22 Direct F1
holding RAIL Employee Stock Option 47.8K May 21, 2024 Common Stock 47.8K $3.82 Direct F2
holding RAIL Employee Stock Option 49.2K May 21, 2024 Common Stock 49.2K $3.81 Direct F3
holding RAIL Employee Stock Option 300K May 21, 2024 Common Stock 300K $2.38 Direct F4
holding RAIL Employee Stock Option 144K May 21, 2024 Common Stock 144K $1.66 Direct F5
holding RAIL Employee Stock Option 86.9K May 21, 2024 Common Stock 86.9K $2.73 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 On January 17, 2022, the recipient was granted 47,849 options. 32,058 options are fully vested and currently exercisable and 15,791 options will vest on January 17, 2025.
F3 On January 28, 2021, the recipient was granted 49,162 options which are fully vested and currently exercisable.
F4 On January 5, 2021, the recipient was granted 300,000 cash-settled stock appreciation rights which are fully vested and currently exercisable.
F5 On January 24, 2020 the recipient was granted 144,090 cash-settled stock appreciation rights which are fully vested and currently exercisable.
F6 The options vest in three equal annual installments beginning on January 4, 2025.