0001209191-18-056246.txt : 20181025
0001209191-18-056246.hdr.sgml : 20181025
20181025202659
ACCESSION NUMBER: 0001209191-18-056246
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: RITTENBAUM MARK J
CENTRAL INDEX KEY: 0001216953
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13146
FILM NUMBER: 181140110
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
0001216953
RITTENBAUM MARK J
C/O THE GREENBRIER COMPANIES, INC.
ONE CENTERPOINTE DRIVE, SUITE 200
LAKE OSWEGO
OR
97035-8612
0
1
0
0
EVP, Commercial & Leasing
Common stock - GBX
2018-10-23
4
M
0
17303
0.00
A
81140
D
Common stock - GBX
2018-10-23
4
F
0
7349
58.31
D
73791
D
Restricted Stock Units
2018-10-23
4
M
0
15000
0.00
D
Common Stock
15000
40349
D
Restricted Stock Units
2018-10-23
4
A
0
16000
0.00
A
Common Stock
16000
56349
D
On March 30, 2016, the Reporting Person was awarded 15,000 performance-based restricted stock units ("RSUs"), including 7,500 RSUs subject to vesting based on the Issuer's achievement of adjusted EBITDA performance objectives and 7,500 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 objective, 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, 17,303 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, 15,000 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/ Mark J. Rittenbaum
By Feng C. Grove
Attorney-in-fact
2018-10-25