Gokce Tezel - Mar 15, 2022 Form 4 Insider Report for GATX CORP (GATX)

Role
Exec. VP and Pres., Rail Intl.
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of N. Gokce Tezel
Stock symbol
GATX
Transactions as of
Mar 15, 2022
Transactions value $
-$658,671
Form type
4
Date filed
3/16/2022, 05:33 PM
Previous filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATX Common Stock Options Exercise $300K +4.9K +32.45% $61.18 20K Mar 15, 2022 Direct
transaction GATX Common Stock Options Exercise $502K +7.2K +36% $69.74 27.2K Mar 15, 2022 Direct
transaction GATX Common Stock Sale -$1.1M -9.16K -33.66% $120.56 18K Mar 15, 2022 Direct F1
transaction GATX Common Stock Sale -$357K -2.95K -16.32% $121.15 15.1K Mar 15, 2022 Direct F2
holding GATX Common Stock 401(k) 756 Mar 15, 2022 401-K 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 GATX 2017 NQ Stock Option (Right to Buy) Options Exercise $0 -4.9K -100% $0.00* 0 Mar 15, 2022 Common Stock 4.9K $61.18 Direct
transaction GATX 2018 NQ Stock Option (Right to Buy) Options Exercise $0 -7.2K -100% $0.00* 0 Mar 15, 2022 Common Stock 7.2K $69.74 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The highest price at which shares were sold was $120.9900 and the lowest price at which shares were sold was $120.0000.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $121.8000 and the lowest price at which shares were sold was $121.0300.
F3 GATX Corporation's 401(k) plan is a unitized stock fund made up of company stock plus short term investments. Because the fund includes more than company stock, participants hold units of the fund rather than company shares of stock. The number of units held by a participant may vary depending on the performance of the company stock, the overall stock market, and the amount of short term investments in the fund. Such a variance has caused the value of the units in the reporting person's 401(k) fund to be reduced without any actual disposition of shares.