Michael Anthony Riordan - Jan 6, 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
VP Finance, CFO and Treasurer
Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
Jan 6, 2023
Transactions value $
$0
Form type
4
Date filed
1/10/2023, 01:22 PM
Previous filing
Jun 16, 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 +34.9K +49.34% $0.00 106K 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 +50.1K $0.00 50.1K Jan 6, 2023 Common Stock 50.1K $3.22 Direct F3, F4, F5
holding RAIL Employee Stock Option 100K Jan 6, 2023 Common Stock 100K $4.30 Direct F6
holding RAIL Employee Stock Option 8.8K Jan 6, 2023 Common Stock 8.8K $3.82 Direct F7
holding RAIL Employee Stock Option 10.5K Jan 6, 2023 Common Stock 10.5K $3.81 Direct F8
holding RAIL Employee Stock Option 50K Jan 6, 2023 Common Stock 50K $2.38 Direct F9
holding RAIL Employee Stock Option 25K Jan 6, 2023 Common Stock 25K $2.58 Direct F10
* 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 March 21, 2022, the recipient was granted 100,000 options which will vest in three equal annual installments beginning on March 21, 2023.
F7 On January 17, 2022, the recipient was granted 8,799 options which will vest in three equal annual installments beginning on January 17, 2023.
F8 On January 28, 2021, the recipient was granted 10,467 options. 3,558 options are fully vested and currently exercisable, 3,454 options will vest on January 28, 2023 and 3,455 options will vest on January 28, 2024.
F9 On January 5, 2021 the recipient was granted 50,000 cash-settled stock options. 33,500 cash-settled stock options are fully vested and currently exercisable and 16,500 cash-settled stock options will vest on January 5, 2024.
F10 On November 30, 2020 the recipient was granted 25,000 cash-settled stock appreciation rights. 16,750 cash-settled stock appreciation rights are fully vested and currently exercisable and 8,250 cash-settled stock appreciation rights will vest on November 30, 2023.