CSX CORP — Director's Dealing 2021

Oct 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSX CORP (CSX)
CIK: 0000277948
Period of Report: 2021-10-21

Reporting Person: Williams Angela C (VP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-21	Common Stock	S	3948	$35.33	Disposed	20541	Direct
2021-10-21	Common Stock	S	3948	$35.67	Disposed	16593	Direct
2021-10-21	Common Stock	M	6609	$8.043	Acquired	23202	Direct
2021-10-21	Common Stock	S	6609	$35.33	Disposed	16593	Direct
2021-10-21	Common Stock	M	3558	$16.13	Acquired	20151	Direct
2021-10-21	Common Stock	S	3558	$35.33	Disposed	16593	Direct
2021-10-21	Common Stock	M	5298	$17.94	Acquired	21891	Direct
2021-10-21	Common Stock	S	5298	$35.34	Disposed	16593	Direct
2021-10-21	Common Stock	M	7356	$22.69	Acquired	23949	Direct
2021-10-21	Common Stock	S	7356	$35.34	Disposed	16593	Direct
2021-10-21	Common Stock	M	7818	$26.50	Acquired	24411	Direct
2021-10-21	Common Stock	S	7818	$35.67	Disposed	16593	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-21	Option	$8.04	M	6609	Disposed	2026-02-09	Common Stock (6609)	Direct
2021-10-21	Option	$16.13	M	3558	Disposed	2027-02-22	Common Stock (3558)	Direct
2021-10-21	Option	$53.82	M	5298	Disposed	2028-02-06	Common Stock (5298)	Direct
2021-10-21	Option	$22.69	M	7356	Disposed	2029-02-06	Common Stock (7356)	Direct
2021-10-21	Option	$26.50	M	7818	Disposed	2030-02-18	Common Stock (7818)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8276	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 18, 2021. The plan has been approved pursuant to the terms of the Issuer's policies and is part of the Reporting Person's strategy to diversify assets.

F2: On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in the reporting person's ownership of 16,326 additional shares.

F3: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2021. The plan has been approved pursuant to the terms of the Issuer's policies and is part of the Reporting Person's strategy to diversify assets.

F4: On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in the reporting person's ownership of 5,416 additional shares.

F5: By Trustee, CSX Corporation Savings Thrift Plan. Reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.

F6: The original exercise price of the option was $24.13. On June 28, 2021 the common stock of CSX Corporation split 3-for-1 (the "Stock Split"), resulting in an adjusted price of $8.04. The Stock split also resulted in the reporting person's ownership of 4,406 additional shares.

F7: The original exercise price of the option was $48.39. On June 28, 2021 the common stock of CSX Corporation split 3-for-1 (the "Stock Split"), resulting in an adjusted price of $16.13. The Stock split also resulted in the reporting person's ownership of 2,372 additional shares.

F8: The original exercise price of the option was $53.82. On June 28, 2021 the common stock of CSX Corporation split 3-for-1 (the "Stock Split"), resulting in an adjusted price of $17.94. The Stock split also resulted in the reporting person's ownership of 3,532 additional shares.

F9: The original exercise price of the option was $68.09. On June 28, 2021 the common stock of CSX Corporation split 3-for-1 (the "Stock Split"), resulting in an adjusted price of $22.69. The Stock split also resulted in the reporting person's ownership of 7,428 additional shares.

F10: The original exercise price of the option was $79.51. On June 28, 2021 the common stock of CSX Corporation split 3-for-1 (the "Stock Split"), resulting in an adjusted price of $26.50. The Stock split also resulted in the reporting person's ownership of 15,638 additional shares.