Stephen R. Wilson - Apr 28, 2023 Form 4 Insider Report for GATX CORP (GATX)

Role
Director
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of Stephen R. Wilson
Stock symbol
GATX
Transactions as of
Apr 28, 2023
Transactions value $
$132,666
Form type
4
Date filed
5/2/2023, 05:15 PM
Previous filing
Feb 3, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATX Common Stock Award $125K +1.09K +5.87% $114.37 19.7K Apr 28, 2023 Direct F1
transaction GATX Common Stock Award $7.66K +67 +0.34% $114.37 19.8K May 1, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the Reporting Person's annual equity retainer, which is issued as restricted stock units ("RSUs") that will be settled in shares of the Issuer's common stock. Each RSU represents the right to receive one share of common stock. The RSUs will vest in full on the date of the first annual meeting of shareholders of the Company at which directors are elected following the Grant Date, subject to the Reporting Person's continued service through such date.
F2 Represents additional shares of phantom stock credited to the reporting person's account under the GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") credited on the transaction date. Each share of phantom stock represents the right to receive one share of Issuer's common stock upon settlement. The shares of phantom stock are generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors.
F3 Represents 67 shares of phantom stock acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan.