TRINITY INDUSTRIES INC — Director's Dealing 2007

Feb 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2007-02-26

Reporting Person: MICHEL CHARLES (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-26	Common Stock	M	2670	$11.3333	Acquired	54121	Direct
2007-02-26	Common Stock	M	1500	$18.94	Acquired	55621	Direct
2007-02-26	Common Stock	M	1500	$17.94	Acquired	57121	Direct
2007-02-26	Common Stock	S	4950	$44.5436	Disposed	52171	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-26	Employee Stock Option (right to buy)	$11.3333	M	2670	Disposed	2013-05-29	Common Stock (8010)	Direct
2007-02-26	Employee Stock Option (right to buy)	$18.94	M	1500	Disposed	2014-05-10	Common Stock (6000)	Direct
2007-02-26	Employee Stock Option (right to buy)	$17.94	M	1500	Disposed	2015-05-09	Common Stock (7500)	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.