X0201 42003-06-1900000887637RAILAMERICA INC /DE RRA0001170935SCHLOSSER THOMAS LC/O RAILAMERICA, INC.5300 BROKEN SOUND BLVD., NWBOCA RATONFL334870100SVPCommon Stock2003-06-194A04000A25027D1998 Executive Incentive Compensation Plan (Right to Buy)8.482003-06-192003-06-194A040008.48A2003-06-192013-06-19Common Stock40004000D1998 Executive Incentive Compensation Plan (Right to Buy)10.22002-06-202012-06-20Common Stock1500015000D1998 Executive Incentive Compensation Plan (Right to Buy)14.292002-01-102012-01-10Common Stock1500015000DThis transaction was a grant of restricted stock for no consideration; therefore, the price column will remain blank.Thirty three and one-third (33 1/3%) percent of such options became exercisable on June 19, 2003 and an additional thirty three and one-third (33 1/3%) percent of such options will become exercisable on each of June 19, 2004 and June 19, 2005.Thirty three and one-third (33 1/3%) percent of such options became exercisable on each of June 20, 2002 and June 20, 2003 and an additional thirty three and one-third (33 1/3%) percent will become exercisable on June 20, 2004.Thirty three and one-third (33 1/3%) percent of such options became exercisable on January 10, 2002 and January 10, 2003 and an additional thirty three and one- third (33 1/3%) percent will become exercisabe on January 10, 2004./s/ Thomas L. Schlosser2003-08-21