4//SEC Filing
KOHNKE MATTHEW S 4
Accession 0000899243-18-028478
CIK 0001320854other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 6:29 PM ET
Size
10.1 KB
Accession
0000899243-18-028478
Insider Transaction Report
Form 4
KOHNKE MATTHEW S
VP, Finance, CFO, Treasurer
Transactions
- Purchase
Common Stock
2018-11-05$10.08/sh+1,000$10,080→ 20,231 total
Holdings
- 12,483
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (12,483 underlying) - 44,584
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (44,584 underlying) - 4,466
Performance shares
→ Common stock (4,466 underlying)
Footnotes (4)
- [F1]On January 12, 2018 the recipient was granted 44,584 options. The options vest and become exercisable based on a trailing 90-consecutive calendar day average closing price of one share of the Issuer's common stock (the "Stock Price") in the following proportions, provided the option holder remains continuously employed by the Issuer until the applicable vesting date: 34% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $5.00 per share above the exercise price, an additional 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $10.00 per share above the exercise price and the final 33% of the shares subject to the option vest on the date the Stock Price is equal to or greater than $15.00 per share above the exercise price.
- [F2]On January 12, 2018 the recipient was granted 12,483 options which will vest in three equal annual installments beginning on January 12, 2019.
- [F3]Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- [F4]Vesting of these performance shares depends on the Issuer's annual return on invested capital and basic earnings per share from January 1, 2017 through December 31, 2019. The target number of performance shares is reported. Between 0% and 200% of the target number of shares may vest on December 31, 2019, with the vesting percentage determined based on actual performance.
Documents
Issuer
FreightCar America, Inc.
CIK 0001320854
Entity typeother
Related Parties
1- filerCIK 0001520923
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 6:29 PM ET
- Size
- 10.1 KB