X0306 4 2017-02-16 0001388430 CAI International, Inc. CAP 0001386681 Cutino Camille STEUART TOWER 1 MARKET PLAZA, SUITE 900 SAN FRANCISCO CA 94105 1 VP, Operations and HR Common Stock 2017-02-16 4 A 0 3000.0000 0.0000 A 12461.0000 D Stock Option (right to buy) 15.8900 2017-02-16 4 A 0 6000.0000 0.0000 A 2027-02-15 Common Stock 6000.0000 6000.0000 D Represents shares of restricted stock granted pursuant to the issuer's 2007 Equity Incentive Plan. The restricted stock vests in four equal annual installments on March 1, 2018, March 1, 2019, March 1, 2020 and March 1, 2021. The option vests with respect to 25% of the shares on the first anniversary of the grant date, and an additional 1/48th of the shares vest monthly thereafter. /s/ David Morris, as Attorney-in-Fact 2017-02-21