SEC Form 4 · accession 0000099780-16-000167
TRINITY INDUSTRIES INC · TRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S Theis Rice
Officer — Senior Vice President
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 4:21 pm EST
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 StockF1 | Feb 29, 2016 | F | 4,922 | $15.84 | D | 120,992 | D | |
| Common Stock | holding | — | — | — | 4,908 | I | 401k Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person turned 65 years old in February 2016 and, as a result, met the definition for early retirement on February 29, 2016 with respect to 18,000 shares of restricted stock. The personal income tax associated with the lapse of substantial risk of forfeiture with respect to those shares is being satisfied by the reporting person through surrender of restricted shares based on the appropriate federal income and payroll tax rates currently applicable.