SEC Form 4 · accession 0001209191-16-153102
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · WAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephane Rambaud-Measson
Officer — President & CEO Transit Group
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000943452
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - Direct | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Nov 30, 2016 | A | 16,867 | A | Nov 30, 2020 | Nov 30, 2020 | Common Stock | 16,867 | 16,867 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of Westinghouse Air Brake Technologies Corporation's common stock.
- F2Shares of phantom stock vest at a rate of 25% per year beginning November 30, 2017.