SEC Form 4 · accession 0001209191-16-141935
CSX CORP · CSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald J Shepard
Director
Period of report
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 2:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000277948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 15, 2016 | A | 940 | $29.23 | A | 260,293 | I | CSX Corporation Directors Deferred Compensation Plan |
| Common Stock | holding | — | — | — | 12,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F4 | $26.39 | Sep 15, 2016 | A | 16 | A | — | — | Common Stock | 16 | 2,649 | D |
Explanation of responses
- F1Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2010 CSX Stock and Incentive Award Plan.
- F2By Trustee, CSX Directors Deferred Compensation Plan (the "Plan"). The shares are payable after the reporting person ceases to be a director or otherwise pursuant to the terms of the Plan.
- F3Reflects units of phantom stock acquired through the dividend reinvestment feature of the CSX Director Deferred Compensation Plan.
- F4Each unit of phantom stock is the economic equivalent of one share of Company common stock. Units of phantom stock become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.