James R. Meyer - 14 Nov 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role: Director
Signature: /s/ Celia Perez, as attorney in fact
Issuer symbol: RAIL
Transactions as of: 14 Nov 2024
Net transactions value: +$251,316
Form type: 4
Filing time: 18 Nov 2024, 17:15:36 UTC
Previous filing: 16 May 2024
Next filing: 15 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RAIL	Common Stock	Purchase	$251,316	+23,400	+2.9%	$10.74	838,278	14 Nov 2024	Direct	F1
holding	RAIL	Common Stock						17,327	14 Nov 2024	See footnote	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
holding	RAIL	Employee Stock Option						241,500	14 Nov 2024	Common Stock	241,500	$2.73	Direct	F3, F4
holding	RAIL	Employee Stock Option						188,585	14 Nov 2024	Common Stock	188,585	$3.22	Direct	F4, F5
holding	RAIL	Employee Stock Option						161,402	14 Nov 2024	Common Stock	161,402	$3.82	Direct	F4, F6
holding	RAIL	Employee Stock Option						113,276	14 Nov 2024	Common Stock	113,276	$3.81	Direct	F4, F7
holding	RAIL	Employee Stock Appreciation Right						750,000	14 Nov 2024	Common Stock	750,000	$2.38	Direct	F4, F8
holding	RAIL	Employee Stock Appreciation Right						332,005	14 Nov 2024	Common Stock	332,005	$1.66	Direct	F4, F9
holding	RAIL	Employee Stock Option						72,959	14 Nov 2024	Common Stock	72,959	$7.41	Direct	F4, F10
holding	RAIL	Employee Stock Option						33,025	14 Nov 2024	Common Stock	33,025	$16.66	Direct	F4, F11
holding	RAIL	Employee Stock Option						350,000	14 Nov 2024	Common Stock	350,000	$16.44	Direct	F4, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $10.50 to $10.93. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.
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	The options vest in three equal annual installments beginning on January 4, 2025.
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 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
F6	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.
F7	On January 28, 2021, the recipient was granted 113,276 options which are fully vested and currently exercisable.
F8	On January 5, 2021, the recipient was granted 750,000 cash-settled stock appreciation rights which are fully vested and currently exercisable.
F9	On January 24, 2020 the recipient was granted 332,005 cash-settled stock appreciation rights which are fully vested and currently exercisable.
F10	On January 14, 2019, the recipient was granted 72,959 options which are fully vested and currently exercisable.
F11	On January 12, 2018, the recipient was granted 33,025 options which are fully vested and currently exercisable.
F12	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.