Nalin Jain - 01 Mar 2022 Form 4 Insider Report for WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)

Role: President, Equipment Group
Signature: David L. DeNinno, POA for Nalin Jain
Issuer symbol: WAB
Transactions as of: 01 Mar 2022
Transactions value $: -$110,390
Form type: 4
Filing time: 03 Mar 2022, 13:37:06 UTC
Previous filing: 01 Mar 2022
Next filing: 18 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 - Direct	Options Exercise	$0	+666	+10.2%	$0.00	7.2K	01 Mar 2022	Direct
transaction	WAB	Common Stock - Direct	Disposed to Issuer	-$59.7K	-666	-9.25%	$89.68	6.53K	01 Mar 2022	Direct
transaction	WAB	Common Stock - Direct	Tax liability	-$50.7K	-565	-8.65%	$89.68	5.97K	01 Mar 2022	Direct	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	WAB	Phantom Stock	Options Exercise	$0	-666	-100%	$0.00^*	0	01 Mar 2022	Common Stock	666		Direct	F2

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

Explanation of Responses:

Id	Content
F1	The amount of securities withheld by the Company to discharge withholding tax obligations of the reporting person in connection with the vesting of restricted shares.
F2	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 666 shares of phantom stock in cash upon vesting on March 1, 2022.