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 | +26.4K | $0.00 | 26.4K | Jan 9, 2025 | Common Stock | 26.4K | $9.81 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2022 Long-Term Stock Incentive Plan (the "Plan") on January 9, 2025. Shares will vest on January 9, 2028, contingent upon the Reporting Person's continuous employment until the vesting date. |
F2 | Restricted shares granted pursuant to the Plan, for which no consideration was paid by the Reporting Person. |
F3 | Exercise price represents the average of the Issuer's high and low trading prices on January 8, 2025 as the stock market was closed on grant date. |
F4 | The options were granted under the Plan and vest in three equal annual installments beginning on January 9, 2026, contingent upon the Reporting Person's continuous employment until the applicable vesting date. The options have a term of ten years from the grant date. |