Lilian Leroux - Mar 1, 2022 Form 4 Insider Report for WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)

Role
President, Transit Group
Signature
David L. DeNinno, POA for Lilian Leroux
Stock symbol
WAB
Transactions as of
Mar 1, 2022
Transactions value $
-$497,786
Form type
4
Date filed
3/3/2022, 01:27 PM
Previous filing
Mar 1, 2022
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAB Common Stock Options Exercise $0 +5.55K +148.18% $0.00 9.3K Mar 1, 2022 Direct
transaction WAB Common Stock Disposed to Issuer -$498K -5.55K -59.71% $89.68 3.75K Mar 1, 2022 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 -3.25K -100% $0.00* 0 Mar 1, 2022 Common Stock 3.25K Direct F1
transaction WAB Phantom Stock Options Exercise $0 -1.17K -50% $0.00 1.17K Mar 1, 2022 Common Stock 1.17K Direct F1, F2
transaction WAB Phantom Stock Options Exercise $0 -1.13K -33.34% $0.00 2.26K Mar 1, 2022 Common Stock 1.13K Direct F1, F3
* 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 5,551 shares of phantom stock in cash upon vesting on March 1, 2022.
F2 1,171 remaining shares of phantom stock vest on March 1, 2023.
F3 1,131 remaining shares of phantom stock vest on March 1, 2023, and 1,130 remaining shares of phantom stock vest on March 1, 2024.