Celia Perez - Jan 6, 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
GC and Corp Secretary
Signature
/s/ Celia Perez
Stock symbol
RAIL
Transactions as of
Jan 6, 2023
Transactions value $
$0
Form type
4
Date filed
1/10/2023, 01:19 PM
Previous filing
Sep 2, 2022
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +19K $0.00 19K Jan 6, 2023 Direct F1, F2

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 RAIL Employee Stock Option Award $0 +11.7K $0.00 11.7K Jan 6, 2023 Common Stock 11.7K $3.22 Direct F3, F4, F5
holding RAIL Employee Stock Option 15K Jan 6, 2023 Common Stock 15K $4.48 Direct F6
* 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 pursuant to the Issuer's 2022 Long Term Incentive Plan. These shares were granted on January 6, 2023 and will vest on January 6, 2026. The restricted shares are subject to certain restrictions (including possible forfeiture).
F2 The restricted shares were granted pursuant to the Issuer's 2022 Long Term Incentive Plan and no consideration was paid by the recipient for the restricted shares.
F3 Exempt issuance of options under Rule 16(b)-3 pursuant to the Issuer's 2022 Long Term Incentive Plan.
F4 The options vest in three equal annual installments beginning on January 6, 2024.
F5 The options were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient.
F6 On August 29, 2022, the recipient was granted 15,000 options which will vest in three equal installments beginning on August 29, 2023.