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FORM 4
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[ ] Check box if no longer subject to
Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).
U.S. 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,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person*
Redfearn Donald D.
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(Last) (First) (Middle)
5300 Broken Sound Blvd., N.W.
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(Street)
Boca Raton Florida 33487
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
RailAmerica, Inc. (Nasdaq: RAIL)
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3. IRS or Social Security Number of
Reporting Person (Voluntary)
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4. Statement for
Month/Year
12/00
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5. If Amendment, Date of Original
(Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[x] Director
[x] Officer (give title below)
[ ] 10% Owner
[ ] Other (specify below)
Chief Administrative Officer,
Executive Vice President
and Secretary
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7. Individual or Joint/Group Filing
(Check applicable line)
[x] Form filed by one Reporting Person
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[ ] Form filed by more than one Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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<S> <C> <C>
1. Title of Security 2. Transaction 3. Transaction
(Instr. 3) Date Code
(Month/Day/ (Instr. B)
Year)
-------------------------------------------- --------------- ---------------
Code V
---- ---
Common Stock, par value $.001 per share 12/14/00 P
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<S> <C> <C> <C>
4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
or Disposed of (D) Securities Form: Indirect
(Instr. 3, 4 and 5) Beneficially Direct (D) or Beneficial
Owned at Indirect (I) Ownership
End of Month) (Instr. 4) (Instr. 4)
(Inst. 3 and 4)
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Amount (A) or Price
(D)
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1,000 A $7.375 20,876 D --
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Options granted $5.00 -- -- -- -- -- 11/1/96 11/1/06 Common 50,000 --
pursuant to Stock,
Option Agreement $.001
(right to buy) par
value
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1995 Stock Incentive $5.00 -- -- -- -- -- 7/1/97 7/1/07 Common 25,000 --
Plan Options Stock,
(right to buy) $.001
par
value
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1998 Executive $6.125 -- -- -- -- -- 6/30/99 6/30/08 Common 20,000 --
Incentive Compensation (1) Stock,
Plan Options $.001
(right to buy) par
value
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1998 Executive $8.75 -- -- -- -- -- 4/8/00 4/8/09 Common 20,000 --
Incentive Compensation (2) Stock,
Plan Options $.001
(right to buy) par
value
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1998 Executive $9.00 -- -- -- -- -- 1/1/00 1/1/10 Common 110,000 --
Incentive Compensation (3) Stock,
Plan Options $.001
(right to buy) par
value
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1995 Non-Employee $3.50 -- -- -- -- -- 1/1/95 1/1/05 Common 10,000 --
Director Stock Option Stock,
Plan Options $.001
(right to buy) par
value
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<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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Options granted -- D --
pursuant to
Option Agreement
(right to buy)
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1995 Stock Incentive -- D --
Plan Options
(right to buy)
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1998 Executive -- D --
Incentive Compensation
Plan Options
(right to buy)
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1998 Executive -- D --
Incentive Compensation
Plan Options
(right to buy)
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1998 Executive -- D --
Incentive Compensation
Plan Options
(right to buy)
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1995 Non-Employee 235,000 D --
Director Stock Option
Plan Options
(right to buy)
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Explanation of Responses:
(1) Thirty-three and one-third percent (33 1/3%) of such options became exercisable on June 30, 1999 and thirty-three and one-third
percent (33 1/3%) will become exercisable on each of June 30, 2000 and June 30, 2001.
(2) Thirty-three and one-third percent (33 1/3%) of such options became exercisable on April 8, 2000 and thirty-three and one-third
percent (33 1/3%) will become exercisable on each of April 8, 2001 and April 8, 2002.
(3) Thirty-three and one-third percent (33 1/3%) of such options became exercisable on January 1, 2000 and thirty-three and one-
third percent (33 1/3%) will become exercisable on each of January 1, 2001 and January 1, 2002.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ DONALD D. REDFEARN 12/22/00
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- --------
**Signature of Reporting Person Date
- Donald D. Redfearn
Note. File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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