LEE B. FOSTER - 19 May 2021 Form 4 Insider Report for WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)

Role: Director
Signature: David L. DeNinno, POA for Lee B. Foster
Issuer symbol: WAB
Transactions as of: 19 May 2021
Net transactions value: $0
Form type: 4
Filing time: 20 May 2021, 17:17:33 UTC
Next filing: 01 Jun 2021
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	WAB	Phantom Stock	Award	$0	+2,060	+8.1%	$0.000000	27,347	19 May 2021	Common Stock	2,060		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Phantom Stock represents a right to receive one share of common stock of the issuer.
F2	The phantom stock becomes payable according to the election of payment designation that was filed by the reporting person subject to the Westinghouse Air Brake Technologies Corporation Deferred Compensation Plan for Executive Officers and Directors. Such payment will be either lump sum or in annual installments commencing on the separation from service payment commencement date as defined in the Plan, and as elected by the reporting person.

Content

Each share of Phantom Stock represents a right to receive one share of common stock of the issuer.

The phantom stock becomes payable according to the election of payment designation that was filed by the reporting person subject to the Westinghouse Air Brake Technologies Corporation Deferred Compensation Plan for Executive Officers and Directors. Such payment will be either lump sum or in annual installments commencing on the separation from service payment commencement date as defined in the Plan, and as elected by the reporting person.