SEC Form 4 · accession 0000950103-19-002551
Transportation Systems Holdings Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yuvbir Singh
Officer — VP, Equipment
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 8:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001754668
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Feb 25, 2019 | D | 1,463 | — | D | 0 | D | |
| Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 0 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock of the issuer received through a pro rata distribution to the stockholders of the issuer by General Electric Company ("GE").
- F2Each share of common stock of the issuer was immediately converted into 0.005375 shares of common stock, par value $0.01 per share, of Westinghouse Air Brake Technologies Corporation ("Wabtec") (with a closing price per share of $78.06 on the transaction date as reported by the New York Stock Exchange), plus cash in lieu of any fractional share of Wabtec common stock, pursuant to the Agreement and Plan of Merger, dated as of May 20, 2018 and as amended January 25, 2019, among GE, the issuer, Wabtec and Wabtec US Rail Holdings, Inc. (the "Merger Agreement").
- F3On the transaction date, as part of the pro rata distribution described in Footnote 1, the GE Retirement Savings Plan (the "Plan") received 8,792.9434 shares of common stock of the issuer with respect to shares of GE common stock held in the GE common stock fund under the Plan as of February 14, 2019 that are attributable to the reporting person's account under the Plan. Each such share of common stock of the issuer was immediately converted into 0.005375 shares of Wabtec common stock (with a closing price per share of $78.06 on the transaction date as reported by the New York Stock Exchange), plus cash in lieu of any fractional share of Wabtec common stock, pursuant to the Merger Agreement.