SEC Form 4 · accession 0001246360-18-000291
GATX CORP · GATX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah A Golden
Officer — EVP, Gen. Counsel and Secy
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 5:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040211
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 22, 2018 | M | 12,100 | $44.015 | A | 44,501 | D | |
| Common Stock | Jan 22, 2018 | F | 9,026 | $69.46 | D | 35,475 | D | |
| Common Stock 401(k)F1 | holding | — | — | — | 821 | I | 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-Settled Stock Appreciation Right | $44.015 | Jan 22, 2018 | M | 12,100 | D | Jan 26, 2013 | Jan 26, 2019 | Common Stock | 12,100 | 0 | D |
Explanation of responses
- F1GATX Corporation's 401(k) plan is a unitized stock fund made up of company stock plus short term investments. Because the fund includes more than company stock, participants hold units of the fund rather than company shares of stock. The number of units held by a participant may vary depending on the performance of the company stock, the overall stock market, and the amount of short term investments in the fund. Such a variance has caused the value of the units in the reporting person's 401(k) fund to be reduced without any actual disposition of shares.