4//SEC Filing
KOHNKE MATTHEW S 4
Accession 0000899243-19-007005
CIK 0001320854other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 12:31 PM ET
Size
11.8 KB
Accession
0000899243-19-007005
Insider Transaction Report
Form 4
KOHNKE MATTHEW S
VP, Finance, CFO, Treasurer
Transactions
- Tax Payment
Common Stock
2019-03-07$7.94/sh−232$1,842→ 32,761 total
Holdings
- 44,584
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (44,584 underlying) - 27,578
Employee Stock Option (right to buy)
Exercise: $7.41Exp: 2029-01-14→ Common stock (27,578 underlying) - 4,466
Performance shares
→ Common stock (4,466 underlying) - 12,483
Employee Stock Option (right to buy)
Exercise: $16.66Exp: 2028-01-12→ Common stock (12,483 underlying)
Footnotes (6)
- [F1]Represents the exercise of a tax withholding right in connection with the vesting of 668 restricted shares that were issued in an exempt issuance pursuant to Rule 16b-3 under the Issuer's 2005 Long Term Incentive Plan.
- [F2]On January 14, 2019 the recipient was granted 27,578 options which will vest in three equal annual installments beginning on January14, 2020.
- [F3]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.
- [F4]On January 12, 2018, the recipient was granted 12,483 options. 4,161 stock options are fully vested and currently exercisable, 4,161 stock options will vest on January 12, 2020 and 4,161 stock options will vest on January 12, 2021.
- [F5]Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals.
- [F6]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
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 12:31 PM ET
- Size
- 11.8 KB