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CSX CORP Director's Dealing 2006

Feb 16, 2006

29952_dirs_2006-02-16_2aaa934b-4668-4159-a100-f7fe98fa33fa.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSX CORP (CSX)
CIK: 0000277948
Period of Report: 2006-02-15

Reporting Person: FITZSIMMONS ELLEN M (Senior Vice President - Law)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-02-15 Common Stock M 10000 $38.14 Acquired 46798 Direct
2006-02-15 Common Stock S 10000 $54.00 Disposed 36798 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-02-15 Common Stock $38.14 M 10000 Acquired 2012-02-13 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 16748 Indirect
Common Stock 3319.0318 Indirect
Common Stock 1534.4508 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock $51.4375 2006-04-25 Common Stock (2000) 0 Direct
Common Stock $46.5625 2007-04-17 Common Stock (1334) 666 Direct
Common Stock $41.7813 2008-12-14 Common Stock (1334) 2666 Direct
Common Stock $44.8125 2009-04-27 Common Stock (6000) 0 Direct
Common Stock $25.2813 2010-02-09 Common Stock (6450) 0 Direct
Common Stock $39.595 2011-05-17 Common Stock (27667) 13833 Direct

Footnotes

F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 27, 2006.

F2: By Ellen M. Fitzsimmons, Trustee.

F3: By Trustee, CSX Corporation Executives Stock Trust.

F4: By Trustee, CSX Corporation Tax Savings Thrift Plan.

F5: Shares will vest when CSX Corporation stock price reaches $61.5625 and maintains price for 10 days or on April 16, 2006, whichever should first occur.

F6: Shares in the amount of 1,333 will vest when CSX Corporation stock price reaches $51.7813 and maintains price for 10 days or on December 13, 2007, whichever should first occur. Balance of shares will vest when CSX Corporation stock price reaches $61.7813 and maintains price for 10 days or on December 13, 2007, whichever should first occur.

F7: Shares will vest of May 17, 2006.

F8: Shares in the amount of 10,000 vested on February 13, 2006. Balance of shares will vest on February 13, 2007.

F9: Cashless exercise of stock options pursuant to the Rule 10b5-1 trading plan referenced in Note 1.