Thomas A. Ellman - Jan 25, 2024 Form 4 Insider Report for GATX CORP (GATX)

Role
EVP & CFO
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of Thomas A. Ellman
Stock symbol
GATX
Transactions as of
Jan 25, 2024
Transactions value $
$0
Form type
4
Date filed
1/29/2024, 02:58 PM
Previous filing
Jan 26, 2024
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GATX Common Stock 35.4K Jan 25, 2024 Direct
holding GATX Common Stock 401(k) 10.1K Jan 25, 2024 401(k) 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
transaction GATX 2024 NQ Stock Option (Right to Buy) Award $0 +15.2K $0.00 15.2K Jan 25, 2024 Common Stock 15.2K $126.47 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.