GREENBRIER COMPANIES INC — Director's Dealing 2016

Apr 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREENBRIER COMPANIES INC (GBX)
CIK: 0000923120
Period of Report: 2016-03-30

Reporting Person: FURMAN WILLIAM A (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-15	Common stock - GBX	G	68334	$0.00	Disposed	851937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-30	Restricted Stock Units	$	A	117000	Acquired		Common Stock (117000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of GBX common stock.

F2: One-half of the restricted stock units vest in three equal annual installments beginning on March 30, 2017 and the remaining one-half vest based upon achievement of performance criteria. Vested shares will be delivered to the Reporting Person on the anniversary dates of the grant or upon a determination that the performance criteria have been met.