SEC Form 4 · accession 0000099780-19-000001
TRINITY INDUSTRIES INC · TRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy R Wallace
Officer — Chairman, CEO & President · Director
Period of report
Dec 30, 2018
Accepted (ET)
Jan 2, 2019 · 6:16 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,F2 | Dec 30, 2018 | F | 3,541 | $20.43 | D | 2,029,181 | D | |
| Common StockF1,F2 | Dec 30, 2018 | F | 5,902 | $20.43 | D | 2,023,279 | D | |
| Common StockF1,F2 | Dec 30, 2018 | F | 11,805 | $20.43 | D | 2,011,474 | D | |
| Common StockF1,F2 | Dec 30, 2018 | F | 11,805 | $20.43 | D | 1,999,669 | D | |
| Common Stock | holding | — | — | — | 3,878 | I | 401k Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 30, 2018, the reporting person turned 65 years old and, as a result, met the definition for early retirement on December 30, 2018 with respect 84,000 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 or mature previously owned shares based on the appropriate federal income and payroll tax rates currently applicable.
- F2On November 1, 2018, the spin-off of Arcosa, Inc. resulted in the reporting person's ownership of 319,083 shares of additional stock.