W. Matthew Tonn - 11 May 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Chief Commercial Officer
Signature
/s/ Emily Varges, as attorney in fact
Issuer symbol
RAIL
Transactions as of
11 May 2022
Net transactions value
+$34,278
Form type
4
Filing time
13 May 2022, 21:00:29 UTC
Previous filing
19 Jan 2022
Next filing
30 Sep 2022
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 $34,278 +9,850 +5.9% $3.48 176,575 11 May 2022 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 47,849 11 May 2022 Common Stock 47,849 $3.82 Direct F1
holding RAIL Employee Stock Option 49,162 11 May 2022 Common Stock 49,162 $3.81 Direct F2
holding RAIL Employee Stock Option 300,000 11 May 2022 Common Stock 300,000 $2.38 Direct F3
holding RAIL Employee Stock Appreciation Rights 144,090 11 May 2022 Common Stock 144,090 $1.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 17, 2022, the recipient was granted 47,849 options which will vest in three equal annual installments beginning on January 17, 2023.
F2 On January 28, 2021, the recipient was granted 49,162 options. 16,715 options are fully vested and currently exercisable, 16,223 options will vest on January 28, 2023 and 16,224 options will vest on January 28, 2024.
F3 On January 5, 2021 the recipient was granted 300,000 cash-settled stock appreciation rights. 102,000 cash-settled stock appreciation rights are fully vested and currently exercisable, 99,000 cash-settled stock appreciations rights will vest on January 5, 2023 and 99,000 cash-settled stock appreciation rights will vest on January 5, 2024.
F4 On January 24, 2020 the recipient was granted 144,090 cash-settled stock appreciation rights. 96,541 cash-settled stock appreciation rights are fully vested and currently exercisable and 47,549 cash-settled stock appreciation rights will vest on January 24, 2023.