Page 9 of 10 SEC Filing SCHEDULE 13D Item 1. Security and Issuer The Schedule 13D filed with the Securities and Exchange Commission on January 31, 2006 by the Reporting Persons, as previously amended by Amendments No. 1, 2, 3, 4 and 5 (collectively, the “Schedule 13D”), with respect to the shares of Common Stock, no par value (the “Shares”), of American Railcar Industries, Inc., a North Dakota corporation (the “Issuer”), is hereby further amended to furnish the additional information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Item 4. Purpose of Transaction Item 4 of this Schedule 13D is amended by adding the following: On February 23, 2016, the Issuer disclosed in its Annual Report on Form 10-K that under the Program the Issuer repurchased 166,970 Shares during the three months ended December 31, 2015 and 161,085 Shares subsequent to December 31, 2015. As a result of the repurchase of such Shares by the Issuer under the Program, the Percentage Ownership of the Reporting Persons increased from 59.82% as of November 3, 2015 (based upon the 19,844,531 Shares stated to be outstanding as of October 27, 2015 by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 3, 2015) to 60.31% (based upon the 19,683,446 Shares stated to be outstanding as of February 19, 2016 by the Issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2016). Item 5. Interest in Securities of the Issuer Items 5(a) of the Schedule 13D is hereby amended and restated in its entirety to read as follows: (a) The Reporting Persons may be deemed to beneficially own, in the aggregate, 11,871,268 Shares, representing approximately 60.31% of the Issuer’s outstanding Shares (based upon the 19,683,446 Shares stated to be outstanding as of February 19, 2016 by the Issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2016). The disclosure set forth in Item 4 above regarding the Program is hereby incorporated by reference into this Item 5(a). Follow American Railcar Industries Inc. (NASDAQ:ARII)
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SCHEDULE 13D
Item 1. Security and Issuer
The Schedule 13D filed with the Securities and Exchange Commission on January 31, 2006 by the Reporting Persons, as previously amended by Amendments No. 1, 2, 3, 4 and 5 (collectively, the “Schedule 13D”), with respect to the shares of Common Stock, no par value (the “Shares”), of American Railcar Industries, Inc., a North Dakota corporation (the “Issuer”), is hereby further amended to furnish the additional information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.
Item 4. Purpose of Transaction
Item 4 of this Schedule 13D is amended by adding the following:
On February 23, 2016, the Issuer disclosed in its Annual Report on Form 10-K that under the Program the Issuer repurchased 166,970 Shares during the three months ended December 31, 2015 and 161,085 Shares subsequent to December 31, 2015. As a result of the repurchase of such Shares by the Issuer under the Program, the Percentage Ownership of the Reporting Persons increased from 59.82% as of November 3, 2015 (based upon the 19,844,531 Shares stated to be outstanding as of October 27, 2015 by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 3, 2015) to 60.31% (based upon the 19,683,446 Shares stated to be outstanding as of February 19, 2016 by the Issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2016).
Item 5. Interest in Securities of the Issuer
Items 5(a) of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
(a) The Reporting Persons may be deemed to beneficially own, in the aggregate, 11,871,268 Shares, representing approximately 60.31% of the Issuer’s outstanding Shares (based upon the 19,683,446 Shares stated to be outstanding as of February 19, 2016 by the Issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2016). The disclosure set forth in Item 4 above regarding the Program is hereby incorporated by reference into this Item 5(a).
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