SEC Form 4 · accession 0001209191-15-077535

GREENBRIER COMPANIES INC · GBX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP & CAO

Period of report

Oct 29, 2015

Accepted (ET)

Oct 30, 2015 · 6:39 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000923120

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common stock - GBX^F1	Oct 29, 2015	M	7,055	$0.00	A	7,888	I	By Reliance Trust Company as Trustee for Nonqualified Deferred Compensation Plan for Employees
Common stock - GBX	holding	—	—		—	1,530	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3	—	Oct 29, 2015	M	3,571	D	—	—	Common Stock	3,571	13,855	D

F1On May 28, 2013, the Reporting Person was awarded 3,571 performance-based restricted stock units ("RSUs"), including 1,786 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 1,785 RSUs subject to vesting based on the issuer's achievement of ROIC performance objectives. The issuer achieved performance at stretch levels against the adjusted EBITDA performance objective and achieved performance between target and stretch levels against the ROIC performance objectives, resulting in vesting of 200% and 195.1% of the adjusted EBITDA and ROIC RSUs, respectively. Accordingly, a total of 7,055 performance-based RSUs vested as of the determination date, October 29, 2015, and 7,055 shares of the Company's common stock were issued to the Reporting Person.
F2Each RSU represents a contingent right to receive one share of GBX common stock.
F3Pursuant to the terms of the Restricted Stock Unit Award Agreement dated May 28, 2013, 3,571 RSUs vested on October 29, 2015.