Mark Kenneth Wallace - Sep 8, 2021 Form 4 Insider Report for CSX CORP (CSX)

Role
Executive Vice President - CSX
Signature
/s/ Mark D. Austin, Attorney-in-Fact
Stock symbol
CSX
Transactions as of
Sep 8, 2021
Transactions value $
-$5,102,989
Form type
4
Date filed
9/9/2021, 05:03 PM
Previous filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Options Exercise $2.9M +161K +105.35% $17.94 315K Sep 8, 2021 Direct
transaction CSX Common Stock Sale -$5.1M -161K -51.3% $31.60 153K Sep 8, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSX Option Options Exercise -$2.9M -161K -100% $17.94 0 Sep 8, 2021 Common Stock 161K $17.94 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original exercise price of the option was $53.82. On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in an adjusted exercise price of $17.94.
F2 On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in the reporting person's ownership of 107,658 additional option shares.