4//SEC Filing
Gil Benavides Jesus Salvador 4
Accession 0000899243-21-004011
CIK 0001320854other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 9:54 PM ET
Size
12.4 KB
Accession
0000899243-21-004011
Insider Transaction Report
Form 4
Gil Benavides Jesus Salvador
Director
Transactions
- Award
Common Stock
2021-01-28+17,041→ 28,771 total - Award
Employee Stock Option
2021-01-28+12,608→ 12,608 totalExercise: $3.81Exp: 2031-01-28→ Common stock (12,608 underlying)
Holdings
- 640,603(indirect: See Footnote)
Common Stock
- 316,013(indirect: See Footnote)
Common Stock
- 300,000
Employee Stock Option
Exercise: $2.38Exp: 2031-01-05→ Common stock (300,000 underlying)
Footnotes (8)
- [F1]Exempt issuance of restricted shares under Rule 16 b-3 pursuant to the Issuer's 2018 Long Term Incentive Plan. These shares were granted on January 28, 2021 and will vest on January 28, 2024. The restricted shares are subject to certain restrictions (including possible forfeiture).
- [F2]The restricted shares were granted pursuant to the Issuer's 2018 Long Term Incentive Plan and no consideration was paid by the recipient for the restricted shares.
- [F3]Represents 640,603 shares owned by Fabricaciones y Servicios de Mexico, S.A. de C.V., a corporation in which Jesus Salvador Gil Benavides owns 33% of the equity interests, and therefore is deemed to have voting and dispositive power over 33% of the shares held by such entity. Fabricaciones y Servicios de Mexico, S.A. de C.V., which is owned by Jesus Salvador Gil Benavides, Alejandro Gil and Salvador Gil, owns a total of 1,941,221 shares of common stock of the Company
- [F4]Represents 316,013 shares owned by Agben de Mexico, S.A. de C.V., a corporation in which Jesus Salavdor Gil Benavides owns 99% of the equity interests, and therefore is deemed to have voting and dispositive power over the securities held by such entity.
- [F5]Exempt issuance of options under Rule 16(b)-3 pursuant to the Issuer's 2018 Long Term Incentive Plan
- [F6]The options vest in three equal annual installments beginning on January 28, 2022.
- [F7]The options were granted pursuant to the Issuer's 2018 Long Term Incentive Plan, for which no consideration was paid by the recipient.
- [F8]On January 5, 2021 the recipient was granted 300,000 cash-settled stock options. 34% of the cash-settled stock options 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 cash-settled stock options 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 cash-settled stock options 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.
Documents
Issuer
FreightCar America, Inc.
CIK 0001320854
Entity typeother
Related Parties
1- filerCIK 0001828994
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 9:54 PM ET
- Size
- 12.4 KB