SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FULLER MORTIMER B III

(Last)

(First)

(Middle)

C/O GENESEE & WYOMING INC.

66 FIELD POINT ROAD

(Street)

GREENWICH

06830

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENESEE & WYOMING INC [ GWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board and CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, $.01 par value	11/18/2003		M		458	A	$6.6667	28,583	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		458	D	$25.4	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		100	A	$6.6667	28,225	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		100	D	$25.25	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		400	A	$6.6667	28,525	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		400	D	$25.11	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		300	A	$6.6667	28,425	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		300	D	$25.1	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		700	A	$6.6667	28,825	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		700	D	$25.03	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		1,400	A	$6.6667	29,525	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		1,400	D	$25.02	28,125	D
Class A Common Stock, $.01 par value	11/18/2003		M		100	A	$6.6667	28,225	D
Class A Common Stock, $.01 par value	11/18/2003		S⁽¹⁾		100	D	$25	28,125	D
Class A Common Stock, $.01 par value	11/20/2003		M		10,371	A	$6.6667	38,496	D
Class A Common Stock, $.01 par value	11/20/2003		S⁽¹⁾		10,371	D	$25	28,125	D
Class A Common Stock, $.01 par value	11/20/2003		M		20,929	A	$10.5833	49,054	D
Class A Common Stock, $.01 par value	11/20/2003		S⁽¹⁾		20,929	D	$25	28,125	D
Class A Common Stock, $.01 par value								4,262	I⁽²⁾	By Wife ⁽²⁾
Class B Common Stock, $.01 par value								987,103⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Third Party Stock Option (Right to Buy)	$10.8889							07/14/2000	06/29/2005	Class B Common Stock, $.01 par value	198,535⁽³⁾⁽⁴⁾		198,535⁽³⁾⁽⁴⁾	D
Third Party Stock Option (Right to Buy)	$10.8889							07/18/2000	06/29/2005	Class B Common Stock, $.01 par value	198,535⁽³⁾⁽⁴⁾		198,535⁽³⁾⁽⁴⁾	D
Stock Option (Right to Buy)	$7.3333							⁽⁵⁾	04/13/2005	Class A Common Stock, $.01 par value	21,446⁽⁵⁾		21,446⁽⁵⁾	D
Stock Option (Right to Buy)	$6.6667	11/18/2003		M			3,458	⁽⁶⁾	04/13/2005	Class A Common Stock, $.01 par value	20,744⁽⁶⁾	$0	17,286⁽⁶⁾	D
Stock Option (Right to Buy)	$6.6667	11/20/2003		M			10,371	⁽⁶⁾	04/13/2005	Class A Common Stock, $.01 par value	17,286⁽⁶⁾	$0	6,915⁽⁶⁾	D
Stock Option (Right to Buy)	$11.6417							⁽⁷⁾	04/05/2006	Class A Common Stock, $.01 par value	14,391⁽⁷⁾		14,391⁽⁷⁾	D
Stock Option (Right to Buy)	$10.5833	11/20/2003		M			20,929	⁽⁸⁾	04/05/2006	Class A Common Stock, $.01 par value	41,859⁽⁸⁾	$0	20,930⁽⁸⁾	D
Stock Option (Right to Buy)	$23.49							⁽⁹⁾	05/22/2007	Class A Common Stock, $.01 par value	4,684⁽⁹⁾		4,684⁽⁹⁾	D
Stock Option (Right to Buy)	$21.35							⁽¹⁰⁾	05/22/2007	Class A Common Stock, $.01 par value	37,816⁽¹⁰⁾		37,816⁽¹⁰⁾	D
Stock Option (Right to Buy)	$22.41							⁽¹¹⁾	07/30/2008	Class A Common Stock, $.01 par value	45,538⁽¹¹⁾		45,538⁽¹¹⁾	D
Stock Option (Right to Buy)	$24.651							⁽¹²⁾	07/30/2008	Class A Common Stock, $.01 par value	4,462⁽¹²⁾		4,462⁽¹²⁾	D

Explanation of Responses:

1. These shares were sold pursuant to a Rule 10b5-1 trading plan effective on November 17, 2003 to sell up to 34,758 shares, as reported in the Genesee & Wyoming Inc. Current Report on Form 8-K dated November 18, 2003.

2. These shares are held by Mr. Fuller's wife. Mr. Fuller disclaims beneficial ownership of these shares.

3. The Class B Common Stock is not registered pursuant to Section 12 of the Act. However, each share of Class B Common Stock is freely convertible into one share of Class A Common Stock.

4. This option, previously reported by Mr. Fuller, was granted to Mr. Fuller by a third party in a negotiated transaction. Mr. Fuller holds an irrevocable proxy to vote these shares.

5. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 7,148 shares on 4/14/01 (exercised on 12/17/01), 7,148 shares on 4/14/02, 7,149 shares on 4/14/03, and 7,149 shares on 4/14/04.

6. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 6,914 shares on 4/14/01 (exercised on 12/17/01), 6,914 shares on 4/14/02, 6,915 shares on 4/14/03, and 6,915 shares on 4/14/04.

7. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 4,946 shares on 4/6/04 and 9,445 shares on 4/6/05.

8. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 10,464 shares on 4/6/02, 10,465 shares on 4/6/03, 10,465 shares on 4/6/04, and 10,465 shares on 4/6/05.

9. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 1 share on 5/23/05 and 4,683 shares on 5/23/06.

10. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 10,625 shares on 5/23/03, 10,625 shares on 5/23/04, 10,624 shares on 5/23/05 and 5,942 shares on 5/23/06.

11. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 11,384 shares on 7/31/04, 11,385 shares on 7/31/05, 11,384 shares on 7/31/06 and 11,385 shares on 7/31/07.

12. This option was previously reported by Mr. Fuller. Mr. Fuller can exercise the option as follows: 4,462 shares on 7/31/07.

Remarks:

	Mortimer B. Fuller, III	11/20/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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