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

Role: President, Services Group
Signature: David L. DeNinno, POA for Pascal Schweitzer
Stock symbol: WAB
Transactions as of: Mar 1, 2022
Transactions value $: -$167,065
Form type: 4
Date filed: 3/3/2022, 01:43 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	+1K	+6.46%	$0.00	16.5K	Mar 1, 2022	Direct	F1
transaction	WAB	Common Stock - Direct	Disposed to Issuer	-$89.7K	-1K	-6.07%	$89.68	15.5K	Mar 1, 2022	Direct
transaction	WAB	Common Stock - Direct	Tax liability	-$77.4K	-863	-5.58%	$89.68	14.6K	Mar 1, 2022	Direct	F2

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	-1K	-100%	$0.00^*	0	Mar 1, 2022	Common Stock	1K		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 1,000 shares of phantom stock in cash upon vesting on March 1, 2022.
F2	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.