TRINITY INDUSTRIES INC — Director's Dealing 2004

Nov 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2004-11-08

Reporting Person: SHOOP NEIL O (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-08	Common Stock	M	1882	$25.11	Acquired	9454	Direct
2004-11-08	Common Stock	M	1750	$23.00	Acquired	11204	Direct
2004-11-08	Common Stock	M	3000	$18.95	Acquired	14204	Direct
2004-11-08	Common Stock	S	632	$33.61	Disposed	13572	Direct
2004-11-09	Common Stock	S	6000	$33.60	Disposed	7572	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-08	Employee Stock Option (right to buy)	$25.11	M	1882	Disposed	2007-03-21	Common Stock (1882)	Direct
2004-11-08	Employee Stock Options (right to buy)	$23.00	M	1750	Disposed	2010-04-03	Common Stock (1750)	Direct
2004-11-08	Employee Stock Options (right to buy)	$18.95	M	3000	Disposed	2011-04-02	Common Stock (3000)	Direct

Footnotes

F1: Option Term is Ten Years. Options vest over 5 years at twenty percent (20%) per year beginning on the first anniversary of the grant date.