Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GATX | Common Stock | Award | $125K | +1.09K | +1.36% | $114.37 | 81.6K | Apr 28, 2023 | Direct | F1 |
transaction | GATX | Common Stock | Award | $67.4K | +589 | +0.72% | $114.37 | 82.2K | May 1, 2023 | Direct | F2, F3 |
Id | Content |
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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. The Reporting Person elected to defer receipt of the shares of common stock issuable upon settlement of the RSUs under the GATX Corporation Directors' Voluntary Deferred Fee Plan Amended and Restated as of January 1, 2022 (the "Deferred Fee Plan"). |
F2 | Represents additional shares of phantom stock/RSUs credited to the reporting person's account under the GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") and the Deferred Fee Plan credited on the transaction date. Each share of phantom stock/RSU represents the right to receive one share of Issuer's common stock upon settlement. The shares of phantom stock/RSUs 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 (a) 354 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan and the Deferred Fee Plan, and (b) 234 RSUs acquired under the Deferred Fee Plan resulting from the reporting person's election to defer the annual cash retainer and other cash fees payable to the reporting person in the form of RSUs under the Deferred Fee Plan. |