Sierra Juan Carlos Fuentes - 06 Jan 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Signature
/s/ Celia Perez, as attorney in fact
Issuer symbol
RAIL
Transactions as of
06 Jan 2023
Transactions value $
$0
Form type
4
Filing time
10 Jan 2023, 14:08:53 UTC
Previous filing
07 Nov 2022
Next filing
08 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +15.2K +152.17% $0.00 25.2K 06 Jan 2023 Direct F1, F2, F3

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 +9.35K $0.00 9.35K 06 Jan 2023 Common Stock 9.35K $3.22 Direct F4, F5, 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 Includes 10,000 restricted shares issued pursuant to the Issuer's 2018 Long Term Incentive Plan with vesting to occur on March 11, 2025. Reflects correction of ministerial error in vesting schedule previously reported.
F4 Exempt issuance of options under Rule 16(b)-3 pursuant to the Issuer's 2022 Long Term Incentive Plan.
F5 The options vest in three equal annual installments beginning on January 6, 2024.
F6 The options were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient.