SEC Form 4 · accession 0001209191-16-132495
GREENBRIER COMPANIES INC · GBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James T Sharp
Officer — EVP and President, GLC
Period of report
Jul 11, 2016
Accepted (ET)
Jul 13, 2016 · 12:43 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 | Jul 11, 2016 | S | 3,000 | $30.00 | D | 3,487 | D | |
| Common stock - GBX | Jul 12, 2016 | S | 2,000 | $31.10 | D | 1,487 | D | |
| Common stock - GBX | holding | — | — | — | 2,111 | I | By Reliance Trust Company as Trustee for Nonqualified Deferred Compensation Plan for Employees |
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 | — | May 10, 2016 | J | 1,732 | D | — | — | Common Stock | 1,732 | 15,374 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of GBX common stock.
- F2Pursuant to the terms of the Separation and Consulting Agreement dated May 10, 2016, 1,732 restricted stock units were cancelled on May 10, 2016. The forms 4 filed on behalf of the Reporting Person on May 22, 2016 and May 28, 2016 should have reflected the cancellation of such restricted stock units.