William D. Gehl - 12 May 2022 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Director
Signature
/s/ Emily Varges as attorney in fact
Issuer symbol
RAIL
Transactions as of
12 May 2022
Net transactions value
$0
Form type
4
Filing time
16 May 2022, 20:45:28 UTC
Previous filing
03 May 2022
Next filing
01 Jun 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 Award $0 +17,882 +16% $0.000000 132,710 12 May 2022 Direct F1, F2
transaction RAIL Common Stock Disposed to Issuer $0 -6,995 -5.3% $0.000000 125,715 12 May 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt issuance of restricted shares under Rule 16(b)-3(d) pursuant to the Issuer's 2022 Long Term Incentive Plan.
F2 The restricted shares were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient. The restricted shares represent shares granted as part of the annual retainer for serving as director of the Issuer. The shares will vest at the close of business on the earlier of (i) May 12, 2023 or (ii) the last trading day before the date of the Company's 2023 annual meeting of shareholders.
F3 Exempt disposition of shares under Rule 16(b)-3(e).
F4 The shares were returned to the Issuer by the Reporting Person for no consideration to correct a prior issuance to the Reporting Person of excess shares.