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

Role
President, Equipment Group
Signature
David L. DeNinno, POA for Nalin Jain
Stock symbol
WAB
Transactions as of
Mar 1, 2022
Transactions value $
-$110,390
Form type
4
Date filed
3/3/2022, 01:37 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 - Direct Options Exercise $0 +666 +10.2% $0.00 7.2K Mar 1, 2022 Direct
transaction WAB Common Stock - Direct Disposed to Issuer -$59.7K -666 -9.25% $89.68 6.53K Mar 1, 2022 Direct
transaction WAB Common Stock - Direct Tax liability -$50.7K -565 -8.65% $89.68 5.97K Mar 1, 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 Mar 1, 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.