SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HASTINGS MARK W

(Last)

(First)

(Middle)

C/O GENESEE & WYOMING INC.

66 FIELD POINT ROAD

(Street)

GREENWICH

06830

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENESEE & WYOMING INC [ GWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec. VP-Corp. Development

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, $.01 par value	11/19/2003		M		1,000	A	$3.7222	1,000	D
Class A Common Stock, $.01 par value	11/19/2003		S		1,000	D	$24.75	0	D
Class A Common Stock, $.01 par value	11/19/2003		M		220	A	$3.7222	220	D
Class A Common Stock, $.01 par value	11/19/2003		S		220	D	$24.8	0	D
Class A Common Stock, $.01 par value	11/19/2003		M		1,000	A	$3.7222	1,000	D
Class A Common Stock, $.01 par value	11/19/2003		S		1,000	D	$24.81	0	D
Class A Common Stock, $.01 par value	11/19/2003		M		300	A	$3.7222	300	D
Class A Common Stock, $.01 par value	11/19/2003		S		300	D	$24.9	0	D
Class A Common Stock, $.01 par value	11/19/2003		M		900	A	$3.7222	900	D
Class A Common Stock, $.01 par value	11/19/2003		S		900	D	$25	0	D
Class A Common Stock, $.01 par value	11/19/2003		M		300	A	$3.7222	300	D
Class A Common Stock, $.01 par value	11/19/2003		S		300	D	$25.01	0	D
Class A Common Stock, $.01 par value	11/20/2003		M		500	A	$3.7222	500	D
Class A Common Stock, $.01 par value	11/20/2003		S		500	D	$24.75	0	D
Class A Common Stock, $.01 par value								26,826	D⁽¹⁾
Class B Common Stock, $.01 par value								33,300⁽²⁾	D⁽¹⁾
Class A Common Stock, $.01 par value								900	I⁽³⁾	By Children⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$3.7222	11/19/2003		M			3,720	04/09/2003	04/08/2004	Class A Common Stock, $.01 par value	16,877⁽⁴⁾	$0	13,157⁽⁴⁾	D
Stock Option (Right to Buy)	$3.7222	11/20/2003		M			500	04/09/2003	04/08/2004	Class A Common Stock, $.01 par value	13,157⁽⁴⁾	$0	12,657⁽⁴⁾	D
Stock Option (Right to Buy)	$6.6667							⁽⁵⁾	04/13/2005	Class A Common Stock, $.01 par value	16,875⁽⁵⁾		16,875⁽⁵⁾	D
Stock Option (Right to Buy)	$10.5833							⁽⁶⁾	04/05/2006	Class A Common Stock, $.01 par value	16,877⁽⁶⁾		16,877⁽⁶⁾	D
Stock Option (Right to Buy)	$21.35							⁽⁷⁾	05/22/2007	Class A Common Stock, $.01 par value	18,000⁽⁷⁾		18,000⁽⁷⁾	D
Stock Option (Right to Buy)	$22.41							⁽⁸⁾	07/30/2008	Class A Common Stock, $.01 par value	10,000⁽⁸⁾		10,000⁽⁸⁾	D

Explanation of Responses:

1. These shares are held jointly by Mr. Hastings and his wife.

2. The Class B Common Stock is not registered pursuant to Section 12 of the Act. However, each share of Class B Common Stock is freely convertible into one share of Class A Common Stock.

3. These shares are held by Mr. Hastings's minor children. Mr. Hastings disclaims beneficial ownership of these shares.

4. This option was previously reported by Mr. Hastings.

5. This option was previously reported by Mr. Hastings. Mr. Hastings can exercise the option as follows: 4,218 shares on 4/14/01, 4,219 shares on 4/14/02, 4,218 shares on 4/14/03, and 4,220 shares on 4/14/04.

6. This option was previously reported by Mr. Hastings. Mr. Hastings can exercise the option as follows: 4,220 shares on 4/6/02, 4,219 shares on 4/6/03, 4,218 shares on 4/6/04, and 4,220 shares on 4/6/05.

7. This option was previously reported by Mr. Hastings. Mr. Hastings can exercise the option as follows: 4,500 shares on 5/23/03, 4,500 shares on 5/23/04, 4,500 shares on 5/23/05, and 4,500 shares on 5/23/06.

8. This option was previously reported by Mr. Hastings. Mr. Hastings can exercise the option as follows: 2,500 shares on 7/31/04, 2,500 shares on 7/31/05, 2,500 shares on 7/31/06 and 2,500 shares on 7/31/07.

Remarks:

	Mark W. Hastings	11/21/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.