4//SEC Filing
GREENBRIER COMPANIES INC 4
Accession 0001209191-16-146570
$GBXCIK 0000923120operating
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 2:55 PM ET
Size
11.5 KB
Accession
0001209191-16-146570
Insider Transaction Report
Form 4
SHARP JAMES T
Pres Greenbrier Leasing Co
Transactions
- Exercise/Conversion
Common stock - GBX
2016-10-19+4,704→ 4,704 total - Tax Payment
Common stock - GBX
2016-10-19$35.55/sh−1,708$60,719→ 2,996 total - Tax Payment
Common stock - GBX
2016-10-19+4,706→ 6,817 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2016-10-19−4,705→ 10,669 total→ Common Stock (4,705 underlying)
Footnotes (4)
- [F1]On May 5, 2014, the Reporting Person was awarded 4,705 performance-based restricted stock units ("RSUs"), including 2,353 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 2,352 RSUs subject to vesting based on the issuer's achievement of ROE performance objectives. The issuer achieved performance above the stretch level against the adjusted EBITDA performance objectives and achieved performance above the stretch level against the ROE performance objectives, resulting in the Reporting Person being entitled to receive the number of shares of the Company's common stock equal to 200% and 200% of the adjusted EBITDA and ROE RSUs awarded to the Reporting Person, respectively. Accordingly, 9,410 shares of the Company's common stock were issued to the Reporting Person as of the determination date, October 19, 2016.
- [F2]Pursuant to the terms of the Restricted Stock Unit Award Agreement dated May 5, 2014, common shares otherwise issuable to the Reporting Person upon vesting of the award were surrendered to the Company 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 May 5, 2014, 4,705 RSUs vested on October 19, 2016.
Documents
Issuer
GREENBRIER COMPANIES INC
CIK 0000923120
Entity typeoperating
IncorporatedOR
Related Parties
1- filerCIK 0000923120
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 2:55 PM ET
- Size
- 11.5 KB