Gil Benavides Jesus Salvador 4
4 · FreightCar America, Inc. · Filed Jan 19, 2022
Insider Transaction Report
Form 4
Gil Benavides Jesus Salvador
Director
Transactions
- Award
Common Stock
2022-01-17+29,450→ 58,221 total - Award
Employee Stock Option
2022-01-17+42,850→ 42,850 totalExercise: $3.82Exp: 2032-01-17→ Common stock (42,850 underlying)
Holdings
- 316,013(indirect: See footnote)
Common Stock
- 300,000
Employee Stock Option
Exercise: $2.38Exp: 2031-01-05→ Common stock (300,000 underlying) - 640,603(indirect: See footnote)
Common Stock
- 12,608
Employee Stock Option
Exercise: $3.81Exp: 2031-01-28→ Common stock (12,608 underlying)
Footnotes (9)
- [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 17, 2023.
- [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 28, 2021, the recipient was granted 12,608 options which will vest in three equal annual installments beginning on January 28, 2022.
- [F9]On January 5, 2021 the recipient was granted 300,000 cash-settled stock appreciation rights. 102,000 cash-settled stock appreciation rights are fully vested and currently exercisable, 99,000 cash-settled stock appreciations rights will vest on January 5, 2023 and 99,000 cash-settled stock appreciation rights will vest on January 5, 2024.