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FreightCar America, Inc. Director's Dealing 2008

Jan 15, 2008

33761_dirs_2008-01-15_ed2fc1e4-a9f7-4b3b-b308-c85d714fa11f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FreightCar America, Inc. (RAIL)
CIK: 0001320854
Period of Report: 2008-01-13

Reporting Person: Magolske Charles J (VP, Business Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-01-13 Common Stock A 1980 Acquired 8813 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-01-13 Employee Stock Option (right to buy) $30.47 A 12520 Acquired 2018-01-13 Common Stock (12520) Direct

Footnotes

F1: Exempt issuance of restricted shares under Rule 16b-3 pursuant to the Issuer's 2005 Long Term Incentive Plan. The restricted shares are subject to certain restrictions (including possible forfeiture).

F2: The restricted shares were granted pursuant to the Issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by recipient.

F3: Exempt issuance of options under Rule 16b-3 pursuant to the Issuer's 2005 Long Term Incentive Plan.

F4: The options vest in three equal installments beginning on January 13, 2009.

F5: The options were granted pursuant to the Issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by recipient.