W. Matthew Tonn - Jan 24, 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Chief Commercial Officer
Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
Jan 24, 2023
Transactions value $
-$70,219
Form type
4
Date filed
1/26/2023, 10:11 AM
Previous filing
Jan 10, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Tax liability -$70.2K -21K -10% $3.35 189K Jan 24, 2023 Direct F1

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
holding RAIL Employee Stock Option 55.9K Jan 24, 2023 Common Stock 55.9K $3.22 Direct F2
holding RAIL Employee Stock Option 47.8K Jan 24, 2023 Common Stock 47.8K $3.82 Direct F3
holding RAIL Employee Stock Option 49.2K Jan 24, 2023 Common Stock 49.2K $3.81 Direct F4
holding RAIL Employee Stock Option 300K Jan 24, 2023 Common Stock 300K $2.38 Direct F5
holding RAIL Employee Stock Option 144K Jan 24, 2023 Common Stock 144K $1.66 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All of the shares reported as disposed of in this line item were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this line item for any reason other than to cover required taxes.
F2 On January 6, 2023, the recipient was granted 55,908 options which will vest in three equal annual installments beginning on January 6, 2024.
F3 On January 17, 2022, the recipient was granted 47,849 options. 16,268 options are fully vested and currently exercisable, 15,790 options will vest on January 17, 2024 and 15,791 options will vest on January 17, 2025.
F4 On January 28, 2021, the recipient was granted 49,162 options. 16,715 options are fully vested and currently exercisable, 16,223 options will vest on January 28, 2023 and 16,224 options will vest on January 28, 2024.
F5 On January 5, 2021, the recipient was granted 300,000 cash-settled stock appreciation rights. 201,000 cash-settled stock appreciation rights are fully vested and currently exercisable and 99,000 cash-settled stock appreciation rights will vest on January 5, 2024.
F6 On January 24, 2020 the recipient was granted 144,090 cash-settled stock appreciation rights. 144,090 cash-settled stock appreciation rights are fully vested and currently exercisable.