James R. Meyer - May 11, 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
President and CEO, Director
Signature
/s/ Emily Varges, as attorney in fact
Stock symbol
RAIL
Transactions as of
May 11, 2022
Transactions value $
$91,000
Form type
4
Date filed
5/13/2022, 07:03 PM
Previous filing
Jan 19, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Purchase $91K +25K +6.13% $3.64 433K May 11, 2022 Direct F1

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 Restricted Stock Unit 42.8K May 11, 2022 Common Stock 42.8K $0.00 Direct F2
holding RAIL Employee Stock Appreciation Right 332K May 11, 2022 Common Stock 332K $1.66 Direct F3
holding RAIL Employee Stock Option 73K May 11, 2022 Common Stock 73K $7.41 Direct F4
holding RAIL Employee Stock Option 33K May 11, 2022 Common Stock 33K $16.66 Direct F5
holding RAIL Employee Stock Option 350K May 11, 2022 Common Stock 350K $16.44 Direct F6
holding RAIL Employee Stock Option 161K May 11, 2022 Common Stock 161K $3.82 Direct F7
holding RAIL Employee Stock Option 113K May 11, 2022 Common Stock 113K $3.81 Direct F8
holding RAIL Employee Stock Option 750K May 11, 2022 Common Stock 750K $2.38 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $3.50 to $3.725. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 On January 30, 2020, the recipient was granted 42,815 cash-settled restricted stock units which will vest on January 30, 2023.
F3 On January 24, 2020 the recipient was granted 332,005 cash-settled stock appreciation rights. 222,444 cash-settled stock appreciation rights are fully vested and currently exercisable and 109,561 cash-settled stock appreciation rights will vest on January 24, 2023.
F4 On January 14, 2019, the recipient was granted 72,959 options which are fully vested and currently exercisable.
F5 On January 12, 2018, the recipient was granted 33,025 options which are fully vested and currently exercisable.
F6 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.
F7 On January 17, 2022, the recipient was granted 161,402 options which will vest in three equal annual installments beginning on January 17, 2023.
F8 On January 28, 2021, the recipient was granted 113,276 options 38,514 options are fully vested and currently exercisable, 37,881 options will vest on January 28. 2023 and 37,381 options will vest on January 28, 2024.
F9 On January 5, 2021 the recipient was granted 750,000 cash-settled stock appreciation rights. 255,000 cash-settled stock appreciation rights are fully vested and currently exercisable, 247,500 cash-settled stock appreciations rights will vest on January 5, 2023 and 247,500 cash-settled stock appreciation rights will vest on January 5, 2024.