SEC Form 4 · accession 0001209191-16-111287
GREENBRIER COMPANIES INC · GBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter T. Hannan
Officer — SVP & CHRO
Period of report
Mar 30, 2016
Accepted (ET)
Mar 31, 2016 · 6:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000923120
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 30, 2016 | A | 12,000 | A | — | — | Common Stock | 12,000 | 27,054 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of GBX common stock.
- F2One-half of the restricted stock units vest in three equal annual installments beginning on March 30, 2017 and the remaining one-half vest based upon achievement of performance criteria. Vested shares will be delivered to the Reporting Person on the anniversary dates of the grant or upon a determination that the performance criteria have been met.