TRINITY INDUSTRIES INC — Director's Dealing 2005

Sep 19, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2005-09-16

Reporting Person: COWAN ANDREA F (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-16	Common Stock	M	4073	$18.95	Acquired	32998	Direct
2005-09-16	Common Stock	M	4971	$21.71	Acquired	37969	Direct
2005-09-16	Common Stock	M	1602	$17.00	Acquired	39571	Direct
2005-09-16	Common Stock	S	10646	$39.7199	Disposed	28925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-09-16	Employee Stock Option (right to buy)	$18.95	M	4073	Disposed	2011-04-02	Common Stock (10000)	Direct
2005-09-16	Employee Stock Option (right to buy)	$21.71	M	4971	Disposed	2012-05-09	Common Stock (10000)	Direct
2005-09-16	Employee Stock Option (right to buy)	$17.00	M	1602	Disposed	2013-05-29	Common Stock (8010)	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.

F2: Option Term is Ten Years. Options vest over 3 years at thirty-three & one-third percent (33 1/3%) per year beginning on the first anniversary of the grant date.