Michael Anthony Riordan - 06 Jan 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
VP Finance, CFO and Treasurer
Signature
/s/ Celia Perez, as attorney in fact
Issuer symbol
RAIL
Transactions as of
06 Jan 2023
Net transactions value
$0
Form type
4
Filing time
10 Jan 2023, 13:22:07 UTC
Previous filing
16 Jun 2022
Next filing
08 Jan 2024
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 +34,938 +49% $0.000000 105,745 06 Jan 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 +50,067 $0.000000 50,067 06 Jan 2023 Common Stock 50,067 $3.22 Direct F3, F4, F5
holding RAIL Employee Stock Option 100,000 06 Jan 2023 Common Stock 100,000 $4.30 Direct F6
holding RAIL Employee Stock Option 8,799 06 Jan 2023 Common Stock 8,799 $3.82 Direct F7
holding RAIL Employee Stock Option 10,467 06 Jan 2023 Common Stock 10,467 $3.81 Direct F8
holding RAIL Employee Stock Option 50,000 06 Jan 2023 Common Stock 50,000 $2.38 Direct F9
holding RAIL Employee Stock Option 25,000 06 Jan 2023 Common Stock 25,000 $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.