TRINITY INDUSTRIES INC — Director's Dealing 2011

Mar 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2011-03-17

Reporting Person: RICE S THEIS (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-17	Common Stock	M	6000	$11.33	Acquired	98422	Direct
2011-03-17	Common Stock	M	4950	$18.94	Acquired	103372	Direct
2011-03-17	Common Stock	M	8160	$17.94	Acquired	111532	Direct
2011-03-17	Common Stock	S	9527	$32.62	Disposed	102005	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-17	Employee Stock Option (right to buy)	$11.33	M	6000	Disposed	2013-05-29	Common Stock (6000)	Direct
2011-03-17	Employee Stock Option (right to buy)	$18.94	M	4950	Disposed	2014-05-10	Common Stock (4950)	Direct
2011-03-17	Employee Stock Option (right to buy)	$17.94	M	8160	Disposed	2015-05-09	Common Stock (8160)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2005	Indirect

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.