TRINITY INDUSTRIES INC — Director's Dealing 2014

Aug 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2014-08-27

Reporting Person: BIEGLER DAVID W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-27	Common Stock	M	7500	$8.97	Acquired	12300	Direct
2014-08-27	Common Stock	S	7500	$48.80	Disposed	4800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-27	Stock option (right to buy)	$8.97	M	7500	Disposed	2015-05-09	Common Stock (7500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (69276)	69276	Direct

Footnotes

F1: On June 5, 2014, the common stock of Trinity Industries, Inc. split 2-for-1, resulting in the reporting person's ownership of 2,400 additional shares of common stock.

F2: Restricted Stock Units granted pursuant to Trinity Industries, Inc. Stock Option & Incentive Plan. Distribution is 1 for 1 in Trinity Stock after Director's termination.

F3: On June 5, 2014, the common stock of Trinity Industries, Inc. split 2-for-1, resulting in the reporting person's ownership of 34,638 additional stock units.

F4: This option was previously reported as covering 3,750 shares at an exercise price of $17.94 per share, but was adjusted to reflect the stock split that occurred on June 5, 2014.

F5: Option Term is Ten Years. Options vest on the grant date.