SEC Form 4 · accession 0001209191-18-032261
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · WAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert J Neupaver
Director
Period of report
May 18, 2018
Accepted (ET)
May 22, 2018 · 3:42 pm EDT
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 - DirectF1 | May 18, 2018 | A | 20,000 | $0.00 | A | 663,475 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $94.87 | May 18, 2018 | A | 20,000 | A | — | May 18, 2028 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Fair Market Value of the stock on May 18, 2018 was $94.87 per share.
- F225% of options granted vest upon completion of the Company's announced combination with GE Transportation, which remains subject to customary closing conditions as of the date of the filing of this Form 4. The remaining 75% of options granted vest upon the conclusion of the recipient's service on the Board of Directors of the Company.