CSX CORP — Director's Dealing 2017

Mar 9, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSX CORP (CSX)
CIK: 0000277948
Period of Report: 2017-03-06

Reporting Person: Harrison E Hunter (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-06	Option	$49.79	A	9000000	Acquired	2027-03-05	Common Stock (9000000)	Direct

Footnotes

F1: The award is scheduled to vest and become exercisable as follows: (1) 4,500,000 of the options vest based on continued employment with 1,125,000 of such options vesting on each of the first, second, third and fourth anniversaries of the date of grant and (2) the remaining 4,500,000 options are eligible to vest in equal parts (subject to continued employment) on the date of the issuance of the audit report by the company's auditor for each of fiscal years 2017, 2018, 2019 and 2020, subject to the attainment of certain performance goals with the ability for options that did not vest based on performance during a prior fiscal year to vest in a subsequent fiscal year upon the attainment of subsequent year performance goals.