Todd Maclin - 31 Dec 2021 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
Director
Signature
Christina Maldonado For: Todd Maclin
Issuer symbol
TRN
Transactions as of
31 Dec 2021
Transactions value $
$30,291
Form type
4
Date filed
04 Jan 2022, 15:35
Previous filing
01 Oct 2021
Next filing
05 Jan 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRN Trinity Phantom Stock Units Award $30.3K +1K +19.9% $30.20 6.04K 31 Dec 2021 Common Stock 1K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Trinity Phantom Stock Units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees. Stock units are converted at "1 - for - 1" (a rate of one stock unit per one share of Trinity common stock). Settlement of the account will be in cash after the reporting person's retirement.