Vlamis Georgia L 4
4 · FreightCar America, Inc. · Filed Jan 24, 2020
Insider Transaction Report
Form 4
Vlamis Georgia L
VP, General Counsel & Corp Sec
Transactions
- Tax Payment
Common Stock
2020-01-22$1.77/sh−1,177$2,083→ 23,301 total
Holdings
- 44,212
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (44,212 underlying) - 27,349
Employee Stock Option (right to buy)
Exercise: $7.41Exp: 2029-01-14→ Common stock (27,349 underlying) - 12,379
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (12,379 underlying)
Footnotes (4)
- [F1]Represents the exercise of a tax withholding right in connection with the vesting of 3,400 restricted shares that were issued in an exempt issuance pursuant to Rule 16b-3 under the Issuer's 2005 Long Term Incentive Plan.
- [F2]On January 14, 2019 the recipient was granted 27,349 options 9,116 stock options are fully vested and currently exercisable. 9,116 stock options will vest on January 14, 2021 and 9,117 stock options will vest on January 14, 2022.
- [F3]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.
- [F4]On January 12, 2018, the recipient was granted 12,379 options. 8,252 stock options are fully vested and currently exercisable, 4,127 stock options will vest on January 12, 2021.