SEC Form 4 · accession 0000899243-16-014892
FreightCar America, Inc. · RAIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph E McNeely
Officer — President and CEO · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 5:16 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 29, 2016 | P | 1,667 | $14.8924 | A | 29,767 | D | |
| Common Stock | Feb 29, 2016 | P | 1,667 | $14.8387 | A | 31,434 | D | |
| Common Stock | Feb 29, 2016 | P | 1,668 | $14.9179 | A | 33,102 | D | |
| Common Stock | Feb 29, 2016 | P | 1,684 | $14.8662 | A | 34,786 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance sharesF1,F2 | — | holding | — | — | — | — | — | Common stock | 11,351 | 11,351 | D |
| Employee Stock Option (right to buy)F3 | $25.55 | holding | — | — | — | — | Jan 15, 2024 | Common stock | 31,750 | 31,750 | D |
| Employee Stock Option (right to buy)F4 | $20.39 | holding | — | — | — | — | Oct 4, 2023 | Common stock | 75,000 | 75,000 | D |
| Employee Stock Option (right to buy)F5 | $20.39 | holding | — | — | — | — | May 1, 2023 | Common stock | 1,660 | 1,660 | D |
| Employee Stock Option (right to buy)F6 | $24.56 | holding | — | — | — | — | Jan 18, 2023 | Common stock | 8,500 | 8,500 | D |
| Employee Stock Option (right to buy)F7 | $23.40 | holding | — | — | — | — | Jan 12, 2022 | Common stock | 16,900 | 16,900 | D |
| Employee Stock Option (right to buy)F8 | $29.88 | holding | — | — | — | — | Jan 13, 2021 | Common stock | 12,600 | 12,600 | D |
| Performance sharesF1,F9 | — | holding | — | — | — | — | — | Common stock | 8,368 | 8,368 | D |
Explanation of responses
- F1Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- F2Vesting of these performance shares depends on the Issuer's annual return on invested capital and basic earnings per share from January 1, 2016 through December 31, 2018. The target number of performance shares is reported. Between 0% and 200% of the target number of shares may vest on December 31, 2018, with the vesting percentage determined based on actual performance.
- F3On January 15, 2014, the recipient was granted 31,750 options. 21,166 stock options are fully vested and currently exercisable, 10,584 stock options will vest on January 15, 2017.
- F4On October 4, 2013, the recipient was granted 75,000 options. 50,000 stock options are fully vested and currently exercisable, 25,000 stock options will vest on October 4, 2016.
- F5On May 1, 2013, the recipient was granted 1,660 options. 1,106 stock options are fully vested and currently excersisable and 554 stock options will vest on May 1, 2016.
- F6On January 18, 2013, the recipient was granted 8,500 options which are fully vested and currently exercisable.
- F7On January 12, 2012, the recipient was granted 16,900 options which are fully vested and currently exercisable.
- F8On January 13, 2011, the recipient was granted 12,600 options which are fully vested and currently exercisable.
- F9Vesting 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.