James B. Ream - Nov 1, 2023 Form 4 Insider Report for GATX CORP (GATX)

Role
Director
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of James B. Ream
Stock symbol
GATX
Transactions as of
Nov 1, 2023
Transactions value $
$27,949
Form type
4
Date filed
11/3/2023, 01:56 PM
Previous filing
Aug 3, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATX Common Stock Award $27.9K +269 +0.61% $103.90 44.7K Nov 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 GATX Corporation Directors' Voluntary Deferred Fee Plan Amended and Restated as of January 1, 2022 (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.
F2 Represents (a) 197 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan and the Deferred Fee Plan, and (b) 72 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.