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GATX CORP Director's Dealing 2004

Feb 13, 2004

30891_dirs_2004-02-13_2b13ed78-d2d1-4592-be61-f80c0011d7f0.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2004-02-06

Reporting Person: COE ALAN C (President and CEO GATX Air)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5636.15 Direct
Common Stock - 401(k) 0.00 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
1998 NQ Stock Option (Right to Buy) $39.7188 2008-07-24 Common Stock (6500) Direct
1996 NQ Stock Option (right to buy) $23.9375 2006-10-25 Common Stock (10000) Direct
1997 NQ Stock Option (right to buy) $33.4688 2007-10-24 Common Stock (8000) Direct
1999 NQ Stock Option (Right to Buy) $39.4688 2009-07-23 Common Stock (6000) Direct
1998 NQ Stock Option (Right to Buy) $34.0938 2008-10-23 Common Stock (6500) Direct
2000 NQ Exchange Stock Option (Right to Buy) $28.6875 2010-01-28 Common Stock (4478) Direct
2000 NQ Stock Option (Right to Buy) $30.4688 2010-03-10 Common Stock (7500) Direct
2001 NQ Exchange Stock Option (Right to Buy) $45.0625 2011-01-26 Common Stock (3820) Direct
2001 NQ Stock Option (Right to Buy) $39.145 2011-07-27 Common Stock (12500) Direct
2003 NQ Exchange Stock Option (Right to Buy) $17.5050 2013-02-07 Common Stock (6195) Direct
2003 NQ Stock Option (Right to Buy) $21.85 2013-08-01 Common Stock (25000) Direct
April, 2002 NQ Stock Option (Right to Buy) $31.735 2012-04-26 Common Stock (10000) Direct
July, 2002 NQ Stock Option (Right to Buy) $24.17 2012-07-26 Common Stock (10000) Direct

Footnotes

F1: 2,086.1509 shares were acquired through the company's Employee Stock Purchase Plan

F2: 50% of option granted may be exercised commencing 1 year from the date of the grant, an additional 25% commencing 2 years from th
e date of the grant and the remaining 25% commencing 3 years from the date of the grant.

F3: The number of options the reporting person may purchase is calculated when bonuses are paid in February. However, in accordance with the Exchange Stock Option Program under the 1995 Long Term Incentive Compensation Plan, the options are exercisable retroactive to the grant date.