Davies Dale C 4
4 · American Railcar Industries, Inc. · Filed May 17, 2013
Insider Transaction Report
Form 4
Davies Dale C
S VP, CFO, and Treasurer
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2013-05-15−5,133→ 5,134 totalExercise: $24.45Exp: 2018-05-09→ Common Stock (5,133 underlying) - Exercise/Conversion
Stock Appreciation Rights
2013-05-15−1,750→ 0 totalExercise: $14.12Exp: 2017-05-14→ Common Stock (1,750 underlying)
Footnotes (2)
- [F1]The SARs were granted on May 9, 2011 and vest in three equal increments on May 9, 2012, 2013 and 2014, but only if the amount of the Company's adjusted EBITDA achieves a specified target for the fiscal year preceding the applicable anniversary date.
- [F2]The SARs were granted on May 14, 2010 pursuant to a voluntary exchange of SARs previously granted in 2007 and vest in three equal increments on May 14, 2011, 2012 and 2013.