Sean R. Pelkey - 21 Jan 2022 Form 4 Insider Report for CSX CORP (CSX)

Role
EVP & CFO
Signature
/s/ Mark D. Austin, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
21 Jan 2022
Net transactions value
+$2,763,639
Form type
4
Filing time
25 Jan 2022, 19:12:47 UTC
Previous filing
07 Sep 2021
Next filing
08 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Award $202,418 +5,936 +20% $34.10 36,226 21 Jan 2022 Direct F1, F2
transaction CSX Common Stock Tax liability $84,704 -2,484 -6.9% $34.10 33,742 21 Jan 2022 Direct F3
transaction CSX Common Stock Award $584,704 +17,017 +50% $34.36 50,759 24 Jan 2022 Direct F4
holding CSX Common Stock 784 21 Jan 2022 CSX Corporation 401(k) Plan F5

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 CSX Option Award $2,061,222 +59,989 $34.36 59,989 24 Jan 2022 Common Stock 59,989 $34.36 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares awarded pursuant to the CSX 2019 - 2021 Long Term Incentive Plan.
F2 Includes 234 shares acquired under CSX Corporation Employee Stock Purchase Plan on December 31, 2021.
F3 Withholding of stock to satisfy tax obligation.
F4 Long-term equity incentive grant of restricted stock units. The restricted stock units vest in 2 equal installments on January 24, 2024 and January 24, 2025.
F5 By Trustee, CSX Corporation Savings Thrift Plan. Reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
F6 Long-term equity incentive grant in the form of stock options. The options vest in 2 equal installments on January 24, 2024 and January 24, 2025.