SEC Form 4 · accession 0001246360-18-000382
GATX CORP · GATX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Earl
Officer — EVP and Pres., GATX Rail Intl.
Period of report
Jan 29, 2018
Accepted (ET)
Jan 30, 2018 · 6:28 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 29, 2018 | M | 19,200 | $45.891 | A | 102,059 | D | |
| Common Stock | Jan 29, 2018 | F | 15,664 | $72.31 | D | 86,395 | D | |
| Common StockF2 | Jan 30, 2018 | S | 3,536 | $71.5597 | D | 82,859 | D | |
| Common Stock 401(k)F1 | holding | — | — | — | 10,570 | I | 401(k) Plan |
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 | $45.891 | Jan 29, 2018 | M | 19,200 | D | Jan 24, 2014 | Jan 24, 2020 | Common Stock | 19,200 | 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.
- F2Represents the weighted average sale price. The highest price at which shares were sold was $71.79 and the lowest price at which shares were sold was $71.22