4//SEC Filing
KOHNKE MATTHEW S 4
Accession 0000899243-18-001047
CIK 0001320854other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 1:24 PM ET
Size
12.9 KB
Accession
0000899243-18-001047
Insider Transaction Report
Form 4
KOHNKE MATTHEW S
VP, Finance, CFO, Treasurer
Transactions
- Award
Employee Stock Option (right to buy)
2018-01-12+44,584→ 44,584 totalExercise: $16.66Exp: 2028-01-12→ Common stock (44,584 underlying) - Award
Common Stock
2018-01-12+5,672→ 19,462 total - Award
Employee Stock Option (right to buy)
2018-01-12+12,483→ 12,483 totalExercise: $16.66Exp: 2028-01-12→ Common stock (12,483 underlying)
Holdings
- 4,466
Performance shares
→ Common stock (4,466 underlying)
Footnotes (8)
- [F1]Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2005 Long Term Incentive Plan. These shares were granted on January 12, 2018 and will vest on January 12, 2021. The restricted shares are subject to certain restrictions (including possible forfeiture)
- [F2]The restricted shares were granted pursuant to the issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by the recipient.
- [F3]Exempt issuance of options under Rule 16(b)-3 pursuant to the Issuer's 2005 Long Term Incentive Plan
- [F4]The options vest and become exercisable based on a trailing 90-consecutive calendar day average closing price of one share of the Issuer's common stock (the "Stock Price") in the following proportions, provided the option holder remains continuously employed by the Issuer until the applicable vesting date: 34% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $5.00 per share above the exercise price, an additional 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $10.00 per share above the exercise price and the final 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $15.00 per share above the exercise price.
- [F5]The options were granted pursuant to the Issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by the recipient.
- [F6]The options vest in three equal annual installments beginning on January 12, 2019.
- [F7]Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- [F8]Vesting of these performance shares depends on the Issuer's annual return on invested capital and basic earnings per share from January 1, 2017 through December 31, 2019. The target number of performance shares is reported. Between 0% and 200% of the target number of shares may vest on December 31, 2019, with the vesting percentage determined based on actual performance.
Documents
Issuer
FreightCar America, Inc.
CIK 0001320854
Entity typeother
Related Parties
1- filerCIK 0001520923
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 1:24 PM ET
- Size
- 12.9 KB