SEC Form 4 · accession 0001209191-17-019290
CSX CORP · CSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J Kelly III
Director
Period of report
Feb 21, 2017
Accepted (ET)
Mar 8, 2017 · 4:50 pm EST
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 | Feb 21, 2017 | J | 0 | — | A | 0 | D | |
| Common StockF1 | Mar 7, 2017 | J | 0 | — | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 211,180 | I | CSX Corporation Directors Deferred Compensation Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 21, 2017, the Reporting Person's broker purchased 564 shares of issuer common stock. This purchase was made without the Reporting Person's knowledge and was against the explicit instructions of the Reporting Person for the broker not to trade in issuer equity. The Reporting Person discovered the erroneous trade on March 6, 2017. The broker acknowledged the error. On March 7, 2017 the erroneous trade was unwound through the broker's account and therefore did not occur for purposes of the Reporting Person's account. As a result of the nullification of this erroneous transaction, the Reporting Person did not experience any profit or loss related to these shares of issuer common stock.
- 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.