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

Signature
David L. DeNinno, POA for Pascal Schweitzer
Issuer symbol
WAB
Transactions as of
01 Mar 2022
Net transactions value
-$167,065
Form type
4
Filing time
03 Mar 2022, 13:43:06 UTC
Previous filing
01 Mar 2022
Next filing
18 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAB Common Stock - Direct Options Exercise $0 +1,000 +6.5% $0.000000 16,477 01 Mar 2022 Direct F1
transaction WAB Common Stock - Direct Disposed to Issuer $89,675 -1,000 -6.1% $89.68 15,477 01 Mar 2022 Direct
transaction WAB Common Stock - Direct Tax liability $77,390 -863 -5.6% $89.68 14,614 01 Mar 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 -1,000 -100% $0.000000* 0 01 Mar 2022 Common Stock 1,000 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.