0001209191-18-056240.txt : 20181025
0001209191-18-056240.hdr.sgml : 20181025
20181025201515
ACCESSION NUMBER: 0001209191-18-056240
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181023
FILED AS OF DATE: 20181025
DATE AS OF CHANGE: 20181025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BAKER MARTIN RAYMOND
CENTRAL INDEX KEY: 0001224178
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13146
FILM NUMBER: 181140088
MAIL ADDRESS:
STREET 1: ONE CENTERPOINTE DRIVE, SUITE 200
CITY: LAKE OSWEGO
STATE: OR
ZIP: 97035
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GREENBRIER COMPANIES INC
CENTRAL INDEX KEY: 0000923120
STANDARD INDUSTRIAL CLASSIFICATION: RAILROAD EQUIPMENT [3743]
IRS NUMBER: 930816972
STATE OF INCORPORATION: OR
FISCAL YEAR END: 0831
BUSINESS ADDRESS:
STREET 1: ONE CENTERPOINTE DR
STREET 2: STE 200
CITY: LAKE OSWEGO
STATE: OR
ZIP: 97035
BUSINESS PHONE: 5036847000
MAIL ADDRESS:
STREET 1: ONE CENTERPOINTE DR
STREET 2: STE 200
CITY: LAKE OSWEGO
STATE: OR
ZIP: 97035
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-10-23
0
0000923120
GREENBRIER COMPANIES INC
GBX
0001224178
BAKER MARTIN RAYMOND
C/O THE GREENBRIER COMPANIES, INC.
ONE CENTERPOINTE DRIVE, SUITE 200
LAKE OSWEGO
OR
97035-8612
0
1
0
0
SVP, GC, & Compliance Officer
Common stock - GBX
2018-10-23
4
M
0
10959
0.00
A
26922
D
Common stock - GBX
2018-10-23
4
F
0
3756
58.31
D
23166
D
Restricted Stock Units
2018-10-23
4
M
0
9500
0.00
D
Common Stock
9500
28078
D
Restricted Stock Units
2018-10-23
4
A
0
10300
0.00
A
Common Stock
10300
38378
D
On March 30, 2016, the Reporting Person was awarded 9,500 performance-based restricted stock units ("RSUs"), including 4,750 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 4,750 RSUs subject to vesting based on the Issuer's achievement of ROE performance objectives. The Issuer achieved performance between target(goal) and stretch levels against the adjusted EBITDA performance objective and between threshold and target(goal) levels against the ROE performance objectives, resulting in the Reporting Person being entitled to receive the number of shares of the Company's common stock equal to 163.1% and 67.6% of the adjusted EBITDA and ROE RSUs awarded to the Reporting Person, respectively. Accordingly, 10,959 shares of the Company's common stock were issued to the Reporting Person as of the determination date, October 23, 2018.
Pursuant to the terms of the Restricted Stock Unit Award Agreement dated March 30, 2016, common shares otherwise issuable to the Reporting Person upon vesting of the award were surrendered to the Company to settle the statutory withholding tax obligation incurred upon vesting of the award.
Each RSU represents a contingent right to receive one share of GBX common stock.
Pursuant to the terms of the Restricted Stock Unit Award Agreement dated March 30, 2016, 9,500 RSUs vested on October 23, 2018.
One-half of the RSUs vest in three equal annual installments beginning on October 23, 2019 and the remaining one-half vest based upon achievement of performance criteria. Vested shares will be delivered to the Reporting Person on the anniversary dates of the grant or upon a determination that the performance criteria have been met.
/s/ Martin R. Baker
By Feng C. Grove
Attorney-in-fact
2018-10-25