Lilian Leroux - 31 Dec 2021 Form 4 Insider Report for WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)

Role: President, Transit Group
Signature: David L. DeNinno, POA for Lilian Leroux
Issuer symbol: WAB
Transactions as of: 31 Dec 2021
Net transactions value: -$57,491
Form type: 4
Filing time: 04 Jan 2022, 11:06:51 UTC
Next filing: 01 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WAB	Common Stock	Options Exercise	$0	+625	+17%	$0.000000	4,371	31 Dec 2021	Direct	F1
transaction	WAB	Common Stock	Disposed to Issuer	$57,491	-625	-14%	$91.98	3,746	31 Dec 2021	Direct

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	WAB	Phantom Stock	Options Exercise	$0	-625	-100%	$0.000000^*	0	31 Dec 2021	Common Stock	625		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of Westinghouse Air Brake Technologies Corporation's common stock. The transactions reported in this Form 4 relate to the settlement of 625 shares of phantom stock in cash upon vesting on December 31, 2021.