X0306 4 2016-01-13 0 0001320854 FreightCar America, Inc. RAIL 0001659973 Vlamis Georgia L TWO NORTH RIVERSIDE PLAZA SUITE 1300 CHICAGO IL 60606 0 1 0 0 VP, General Counsel & Corp Sec Common Stock 2016-01-13 4 A 0 2838 0.00 A 4238 D Performance shares 2016-01-13 4 A 0 2838 0.00 A Common stock 2838 2838 D Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2005 Long Term Incentive Plan. These shares were granted on January 13, 2016 and will vest on January 13, 2019. The restricted shares are subject to certain restrictions (including possible forfeiture). The restricted shares were granted pursuant to the Issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by the recipient. Each performance share represents the right to receive, at settlement, one share of common stock subject to the Issuer's achievement of performance goals. Exempt issuance of performance shares under Rule 16(b)-3 pursuant to the Issuer's 2005 Long Term Incentive Plan. Vesting of these performance shares depends on the Issuer's annual return on invested capital and basic earnings per share from January 1, 2016 through December 31, 2018. The target number of performance shares is reported. Between 0% and 200% of the target number of shares may vest on December 31, 2018, with the vesting percentage determined based on actual performance. Performance shares were granted pursuant to the Issuer's 2005 Long Term Incentive Plan, for which no consideration was paid by the recepient. /s/ Georgia L. Vlamis, as attorney in fact 2016-01-15