SEC Form 4 · accession 0001209191-17-009214
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
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 6:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000943452
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Feb 7, 2017 | A | 11,000 | A | Mar 1, 2021 | Mar 1, 2021 | Common Stock | 11,000 | 11,000 | 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 March 1, 2018.