Lullman Alan C 4
4 · American Railcar Industries, Inc. · Filed Feb 28, 2012
Insider Transaction Report
Form 4
Lullman Alan C
S VP Sales Marketing Services
Transactions
- Other
Stock Appreciation Rights
2012-02-24+7,800→ 7,800 totalExercise: $29.31Exp: 2019-02-24→ Common Stock (7,800 underlying) - Other
Stock Appreciation Rights
2012-02-24−1,875→ 0 totalExercise: $20.88→ Common Stock (1,875 underlying)
Footnotes (2)
- [F1]The SARs were granted on February 24, 2012 and vest in three equal increments on February 24, 2013, February 24, 2014 and February 24, 2015, but only if the Company achieves specified performance targets for the fiscal year preceding the applicable anniversary date.
- [F2]25% of the performance based SARs granted on April 28, 2008 were canceled for no value due to certain specified performance targets not being met.