SEC Form 4 · accession 0001209191-16-146564

GREENBRIER COMPANIES INC · GBX

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

Reporting owner

Officer — SVP & CAO

Period of report

Oct 19, 2016

Accepted (ET)

Oct 21, 2016 · 2:51 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 19, 2016	M	4,998	$0.00	A	15,136	I	By Reliance Trust Company as Trustee
Common stock - GBX	holding	—	—		—	2,290	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 19, 2016	M	2,499	D	—	—	Common Stock	2,499	20,416	D

F1On May 5, 2014, the Reporting Person was awarded 2,499 performance-based restricted stock units ("RSUs"), including 1,250 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 1,249 RSUs subject to vesting based on the issuer's achievement of ROE performance objectives. The issuer achieved performance above the stretch level against the adjusted EBITDA performance objectives and achieved performance above the stretch level against the ROE performance objectives, resulting in the Reporting Person being entitled to receive the number of shares of the Company's common stock equal to 200% and 200% of the adjusted EBITDA and ROE RSUs awarded to the Reporting Person, respectively. Accordingly, 4,998 shares of the Company's common stock were issued to the Reporting Person as of the determination date, October 19, 2016. 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 5, 2014, 2,499 RSUs vested on October 19, 2016.