SEC Form 5 · accession 0000899243-16-011842
FreightCar America, Inc. · RAIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Avery Jr.
10% Owner
Period of report
Dec 31, 2015
Accepted (ET)
Jan 15, 2016 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001320854
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 26, 2015 | L | 19 | $30.479 | A | 17,092 | D | |
| Common Stock | May 28, 2015 | L | 27 | $22.914 | A | 17,120 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance sharesF2,F3 | — | holding | — | — | — | — | — | Common stock | 3,138 | 3,138 | D |
| Employee Stock Option (right to buy)F4 | $25.55 | holding | — | — | — | — | Jan 15, 2024 | Common stock | 15,875 | 15,875 | D |
Explanation of responses
- F1FreightCar America, Inc. dividends reinvested through open market purchase.
- F2Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- F3Vesting of these performance shares depends on the Issuer's annual return on invested capital and basic earnings per share from January 1, 2015 through December 31, 2017. The target number of performance shares is reported. Between 0% and 200% of the target number of shares may vest on December 31, 2017, with the vesting percentage determined based on actual performance.
- F4On January 15, 2014, the recipient was granted 15,875 options. 5,291 stock options are fully vested and currently exercisable, 5,291 stock options will vest on January 15, 2016 and 5,293 stock options will vest on January 15, 2017.