SEC Form 4 · accession 0000099780-15-000061
TRINITY INDUSTRIES INC · TRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rhys J Best
Director
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000099780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 5, 2015 | M | 7,500 | $12.61 | A | 32,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trinity Stock UnitsF2 | $0.00 | May 4, 2015 | A | 3,694 | A | — | — | Common Stock | 3,694 | 3,694 | D |
| Stock option (right to buy)F1 | $12.61 | May 5, 2015 | M | 7,500 | D | — | Sep 7, 2015 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1Option Term is Ten Years. Options vest on the grant date.
- F2Restricted Stock Units granted pursuant to the Third Amended and Restated Trinity Industries, Inc. 2004 Stock Option and Incentive Plan. Distribution is 1 for 1 in Trinity Stock after Director's termination. Units vest on the 1st business day immediately preceding the 2016 Annual Meeting of Stockholders.