4//SEC Filing
Meyer James R 4
Accession 0000899243-21-001022
CIK 0001320854other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 9:04 PM ET
Size
15.4 KB
Accession
0000899243-21-001022
Insider Transaction Report
Form 4
Meyer James R
Director
Transactions
- Award
Employee Stock Option
2021-01-05+750,000→ 750,000 totalExercise: $2.38Exp: 2031-01-05→ Common stock (750,000 underlying)
Holdings
- 332,005
Employee Stock Appreciation Right
Exercise: $1.66Exp: 2030-01-24→ Common stock (332,005 underlying) - 231,555
Common Stock
- 72,959
Employee Stock Option (right to buy)
Exercise: $7.41Exp: 2029-01-14→ Common stock (72,959 underlying) - 350,000
Employee Stock Option (right to buy)
Exercise: $16.44Exp: 2027-07-31→ Common stock (350,000 underlying) - 42,815
Employee Restricted Stock Units
Exercise: $0.00→ Common stock (42,815 underlying) - 33,025
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (33,025 underlying)
Footnotes (8)
- [F1]Exempt issuance of cash-settled stock options under Rule 16 b-3 pursuant to the Issuer's 2018 Long Term Incentive Plan. Each cash-settled stock optiion represents the right to receive a distribution in cash equal to the difference between the exercise price and the fair market value of a share of the Issuer's common stock on the date of exercise.
- [F2]34% of the shares subject to each cash-settled stock option will vest on the later of (i) the first anniversary of the Grant Date or (ii) the date that the thirty-day trailing average of the fair market value of a share of the Company's common stock is 133.3% or more of the exercise price per share; an additional 33% of the shares subject to each cash-settled stock option will vest on the later of (i) the second anniversary of the Grant Date or (ii) the date that the thirty-day trailing average of the fair market value of a share of the Company's common stock is 133.3% or more of the exercise price per share; and the final 33% of the shares subject to each cash-settled stock option will vest on the later of (i) the third anniversary of the Grant Date or (ii) the date that the thirty-day trailing average of the fair market value of a share of the Company's common stock is 133.3% or more of the exercise price per share.
- [F3]The cash-settled stock options were granted pursuant to the Issuer's 2018 Long Term Incentive Plan and no consideration was paid by the recipient for the cash-settled stock options.
- [F4]On January 30, 2020, the recipient was granted 42,815 cash-settled restricted stock units which will vest on January 30, 2023.
- [F5]On January 24, 2020 the recipient was granted 332,005 cash-settled stock appreciation rights which will vest in three equal annual installments beginning on January 24, 2021.
- [F6]On January 14, 2019, the recipient was granted 72,959 options. 24,320 stock options are fully vested and currently exercisable, 24,320 stock options will vest on January 14, 2021 and 24,319 stock options will vest on January 14, 2022.
- [F7]On January 12, 2018, the recipient was granted 33,025 options. 22,016 stock options are fully vested and currently exercisable and 11,009 stock options will vest on January 12, 2021.
- [F8]On July 31, 2017, the recipient was granted 350,000 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.
Documents
Issuer
FreightCar America, Inc.
CIK 0001320854
Entity typeother
Related Parties
1- filerCIK 0001713182
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 9:04 PM ET
- Size
- 15.4 KB