4//SEC Filing
Manning Anne 4
Accession 0000923120-19-000017
CIK 0000923120other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 9:43 PM ET
Size
18.4 KB
Accession
0000923120-19-000017
Insider Transaction Report
Form 4
Manning Anne
VP Corporate Controller
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-10-23−667→ 8,275 total→ Common Stock (667 underlying) - Exercise/Conversion
Common Stock
2019-10-22+1,147→ 20,441 total - Tax Payment
Common Stock
2019-10-22$30.80/sh−384$11,827→ 20,057 total - Exercise/Conversion
Common Stock
2019-10-23+667→ 20,724 total - Tax Payment
Common Stock
2019-10-23$31.79/sh−224$7,121→ 20,500 total - Exercise/Conversion
Common Stock
2019-10-22+1,149→ 1,925 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2019-10-22−1,863→ 8,942 total→ Common Stock (1,863 underlying)
Footnotes (5)
- [F1]On March 27, 2017, the Reporting Person was awarded 2,328 performance-based restricted stock units ("RSUs"), including 1,863 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 465 RSUs subject to vesting based on the Issuer's achievement of ROE performance objectives. The Issuer achieved performance between target (goal) and stretch levels against the adjusted EBITDA performance objective and below threshold levels against the ROE performance objectives, resulting in the Reporting Person being entitled to receive the number of shares of the Issuer's common stock equal to 123.2% and 0% of the adjusted EBITDA and ROE RSUs awarded to the Reporting Person, respectively. Accordingly, 2,296 shares of the Issuer's common stock were issued to the Reporting Person as of the determination date, October 22, 2019 and 465 RSUs subject to ROE performance objectives were cancelled.
- [F2]Common shares otherwise issuable to the Reporting Person upon vesting of RSUs were surrendered to the Issuer to settle the statutory withholding tax obligation incurred upon vesting of the award.
- [F3]Each RSU represents a contingent right to receive one share of GBX common stock.
- [F4]Pursuant to the terms of the Restricted Stock Unit Award Agreement dated March 27, 2017, 1,863 RSUs vested and 465 RSUs were cancelled on October 22, 2019.
- [F5]Pursuant to the terms of the Restricted Stock Unit Award Agreement dated October 23, 2018, 667 RSUs vested on October 23, 2019.
Issuer
GREENBRIER COMPANIES INC
CIK 0000923120
Entity typeother
Related Parties
1- filerCIK 0001418205
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 9:43 PM ET
- Size
- 18.4 KB