4//SEC Filing
Vlamis Georgia L 4
Accession 0000899243-19-001322
CIK 0001320854other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 7:36 PM ET
Size
13.4 KB
Accession
0000899243-19-001322
Insider Transaction Report
Form 4
Vlamis Georgia L
VP, General Counsel & Corp Sec
Transactions
- Award
Common Stock
2019-01-14+12,655→ 25,622 total - Award
Employee Stock Option (right to buy)
2019-01-14+27,349→ 27,349 totalExercise: $7.41Exp: 2029-01-14→ Common stock (27,349 underlying)
Holdings
- 44,212
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (44,212 underlying) - 3,400
Performance shares
→ Common stock (3,400 underlying) - 12,379
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (12,379 underlying)
Footnotes (9)
- [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 14, 2019 and will vest on January 14, 2022. 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 in three equal annual installments beginning on January 14, 2020.
- [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]On January 12, 2018 the recipient was granted 44,212 options. 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.
- [F7]On January 12, 2018, the recipient was granted 12,379 options. 4,126 stock options are fully vested and currently exercisable, 4,126 stock options will vest on January 12, 2020 and 4,127 stock options will vest on January 12, 2021.
- [F8]Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- [F9]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 0001659973
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 7:36 PM ET
- Size
- 13.4 KB