PACIFIC INVESTMENT MANAGEMENT CO LLC - 22 May 2023 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Reporting relationship: 10%+ Owner
Issuer ticker: RAIL
Reported as of: 22 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 May 2023, 19:15:04 UTC
Prior SEC filing: 02 Feb 2023
Next SEC filing: 09 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Ryan Curtis, Vice President, Pacific Investment Management Company LLC

Key filing fact

PACIFIC INVESTMENT MANAGEMENT CO LLC filed Form 4 for FreightCar America, Inc. (RAIL) on 24 May 2023.

Key facts

This page summarizes PACIFIC INVESTMENT MANAGEMENT CO LLC's Form 4 filing for FreightCar America, Inc. (RAIL).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 May 2023, 19:15.

Change

Previous filing in this sequence was filed on 02 Feb 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RAIL transaction

Series C Preferred Stock

Purchase

Transaction value
Shares: +85,412
Change %
Price
Shares after: 85,412
Date: 22 May 2023
Ownership: See Footnote
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RAIL transaction Derivative

Warrant (right to buy)

Purchase

Transaction value
Shares: +1,636,313
Change %
Price
Shares after: 1,636,313
Date: 22 May 2023
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 1,636,313
Exercise price: $3.57
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On May 22, 2023, a fund for which the Reporting Person serves as investment manager, advisor or sub-advisor acquired 85,412 shares of Series C Preferred Stock and warrants exercisable for 1,636,313 shares of common stock for total consideration of $84,567,049.

Footnote F2

The securities reported in the table above are held by certain funds and accounts for which the Reporting Person serves as investment manager, advisor or sub-advisor, which such funds and accounts hold 1,547,266 shares of common stock, warrants to purchase 23.0% of the Common Stock Deemed Outstanding (as defined in a warrant acquisition agreement entered into with the Issuer on October 13, 2020, as amended), warrants to purchase 5.0% of the Common Stock Deemed Outstanding (as defined in a warrant acquisition agreement entered into with the Issuer on December 30, 2021, as amended), a warrant to purchase 5.0% of the Common Stock Deemed Outstanding (as defined in a warrant acquisition agreement entered into with the Issuer on April 4, 2022), a warrant to purchase 1,636,313 shares of Common Stock and 85,412 shares of Series C Preferred Stock. The Reporting Person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein.