SEC Form 3 · accession 0001231205-19-000067
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · WAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GENERAL ELECTRIC CO
10% Owner
Period of report
Feb 25, 2019
Accepted (ET)
Mar 7, 2019 · 4:48 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 StockF1 | holding | — | — | — | 19,018,207 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Non-voting Convertible Preferred StockF1 | — | holding | — | — | — | — | — | Common Stock | 10,000 | — | D |
Explanation of responses
- F1The non-voting convertible preferred stock will automatically convert (and is not otherwise convertible other than) upon a transfer by the reporting person to a third party. The conversion rate is equal to 2,881.5464 shares of issuer common stock for each share of issuer convertible preferred stock.The shares of issuer common stock and non-voting convertible preferred stock are subject to the terms of a Shareholders Agreement entered into between the reporting person and the issuer on February 25, 2019, which, among other things, provides that (i) the reporting person is restricted from selling or otherwise disposing of any shares of issuer common and non-voting convertible preferred stock prior to March 27, 2019 and (ii) the reporting person is required to sell, transfer or otherwise divest all shares of issuer common and non-voting convertible preferred stock by no later than February 25, 2022.