4/A//SEC Filing
CSX CORP 4/A
Accession 0001209191-15-029171
$CSXCIK 0000277948operating
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 3:58 PM ET
Size
11.6 KB
Accession
0001209191-15-029171
Insider Transaction Report
Form 4/AAmended
CSX CORPCSX
SIZEMORE CAROLYN T
VP and Controller
Transactions
- Award
Phantom Stock
2015-03-13+2,949→ 2,949 total(indirect: Executive Deferred Compensation Plan)→ Common Stock (2,949 underlying)
Holdings
- 53,216(indirect: By Trust)
Common Stock
- 7,627
Common Stock
- 53,127(indirect: Executive Deferred Compensation Plan)
Common Stock
- 7,277(indirect: By 401(k))
Common Stock
Footnotes (10)
- [F1]By Carolyn T. Sizemore, Trustee.
- [F10]As a result of an administrative oversight by the Company, the Reporting Person has not timely filed a Form 4 for the Reporting Person's cash deferrals under the Plan. In the Reporting Person's Form 5, filed February 9, 2015 and Form 4, filed February 13, 2015, these units of phantom stock were incorrectly included in the Reporting Person's total holdings in the CSX Executive Stock Trust. The units of phantom stock should have been reported in Table II as they were acquired pursuant to the Plan.
- [F2]Total included in Reporting Person's Form 4, filed February 13, 2015, reduced by 2,936 shares. 2,936 units of phantom stock are now included in Table II.
- [F3]By Trustee, CSX Corporation Executive Deferred Compensation Plan.
- [F4]By Trustee, CSX Corporation Savings Thrift Plan. Reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
- [F5]Each unit of phantom stock is the economic equivalent of one share of Company common stock. Units of phantom stock become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.
- [F6]As a result of the loss of the historical transaction details, the Reporting Person is unable to provide the date of the earliest transaction. Accordingly, the date of the last previously reported transaction was utilized.
- [F7]Includes units of phantom stock credited to the Reporting Person's account as a result of the dividend reinvestment feature of the CSX Executive Deferred Compensation Plan (the "Plan").
- [F8]Prior to 2007, the Reporting Person elected to defer a portion of her cash compensation under the CSX Executive Deferred Compensation Plan (the "Plan"). Pursuant to this Plan, the deferred cash was notionally invested in a fund that tracks the value of Company common stock. At the time of the Reporting Person's initial election and subsequent deferrals, the Company relied upon a third-party vendor to document the timing of each deferral. The Company has since stopped using such vendor. In the process of moving this responsibility to a new third-party, the information regarding the timing of deferrals was lost. Since 2007, the Reporting Person has not deferred any portion of her cash compensation into investments that could be deemed phantom stock other than as a result of dividend reinvestments under the Plan.
- [F9]Price of each unit of phantom stock was determined at the time of the applicable deferral pursuant to the Plan; therefore, the units have been acquired at various prices. The prices at which the units were acquired is indeterminable.
Documents
Issuer
CSX CORP
CIK 0000277948
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000277948
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 3:58 PM ET
- Size
- 11.6 KB