RITTENBAUM MARK J 4
4 · GREENBRIER COMPANIES INC · Filed Apr 7, 2020
Insider Transaction Report
Form 4
RITTENBAUM MARK J
EVP/Treasurer/CFO
Transactions
- Sale
Common Stock
2020-04-03$15.50/sh−2,101$32,566→ 63,837 total - Exercise/Conversion
Common Stock
2020-04-04+3,333→ 67,170 total - Tax Payment
Common Stock
2020-04-04$13.12/sh−1,082$14,196→ 66,088 total - Exercise/Conversion
Restricted Stock Units
2020-04-04−3,333→ 26,666 total→ Common Stock (3,333 underlying)
Footnotes (5)
- [F1]Sale of shares was executed pursuant to a sales plan adopted February 14, 2020 and intended to comply with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.11 to $15.86, inclusive. The Reporting Person undertakes to provide to The Greenbrier Companies, Inc., any security holder of The Greenbrier Companies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]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.
- [F4]Each RSU represents a contingent right to receive one share of GBX common stock.
- [F5]Pursuant to the terms of the Restricted Stock Unit Award Agreement dated April 4, 2018, 3,333 restricted stock units vested on April 4, 2020.