SCHMITT ANDREW B 4
4 · FreightCar America, Inc. · Filed May 19, 2020
Insider Transaction Report
Form 4
SCHMITT ANDREW B
Director
Transactions
- Award
Common Stock
2020-05-15+56,995→ 84,473 total
Holdings
- 40,000
Common Stock
Footnotes (3)
- [F1]Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2018 Long Term Incentive Plan.
- [F2]The restricted shares were granted pursuant to the Issuer's 2018 Long Term Incentive Plan, for which no consideration was paid by the recipient. The restricted shares represent shares granted as part of the annual retainer for serving as director of the Issuer. The shares will vest at the close of business on the earlier of (i) May 15, 2021 or (ii) the last trading day before the date of the Company's 2021 annual meeting of shareholders.
- [F3]These shares are held in the Andrew B & Margaret Anne Schmitt Community Property Trust for which the reporting person and his spouse are the settlors, trustees and beneficiaries.