Edgar Filing: GENESEE & WYOMING INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

YOUNG M DOUGLAS

2. Issuer Name and Ticker or Trading Symbol
GENESEE & WYOMING INC [GWR]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O GENESEE & WYOMING INC., 66 FIELD POINT ROAD

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2004

(Street)

GREENWICH, CT 06830

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, $.01 par value	11/05/2004		M		6,750	A	$ 3.2593	8,750 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		S		6,750	D	$ 26.9	2,000 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		M		3,375	A	$ 4.4445	5,375 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		S		3,375	D	$ 26.9	2,000 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		M		3,375	A	$ 5.5555	5,375 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		S		3,375	D	$ 26.9	2,000 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		M		3,375	A	$ 11.7778	5,375 ⁽¹⁾	D
Class A Common Stock, $.01 par value	11/05/2004		S		3,375	D	$ 26.9	2,000 ⁽¹⁾	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option (Right to Buy)

$ 3.2593

11/05/2004

6,750

07/30/2002

07/29/2009

Class A Common Stock, $.01 par value

6,750 ⁽²⁾

$ 0

Stock Option (Right to Buy)

$ 4.4445

11/05/2004

3,375

04/14/2003

04/13/2010

Class A Common Stock, $.01 par value

3,375 ⁽²⁾

$ 0

Stock Option (Right to Buy)

$ 5.5555

11/05/2004

3,375

07/30/2003

07/29/2010

Class A Common Stock, $.01 par value

3,375 ⁽²⁾

$ 0

Stock Option (Right to Buy)

$ 11.7778

11/05/2004

3,375

07/30/2004

07/29/2011

Class A Common Stock, $.01 par value

3,375 ⁽²⁾

$ 0

Phantom Stock Units

$ 0

⁽³⁾

Class A Common Stock, $.01 par value

2,777.49 ⁽³⁾

Phantom Stock Units

$ 0

⁽³⁾

Class A Common Stock, $.01 par value

4,590.88 ⁽³⁾

Phantom Stock Units

$ 0

⁽³⁾

Class A Common Stock, $.01 par value

8,473.31 ⁽³⁾

Phantom Stock Units

$ 0

⁽³⁾

Class A Common Stock, $.01 par value

5,653.84 ⁽³⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,412.67 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,562.5 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,734.1 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

224.28 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,317.77 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,561.05 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁴⁾

Class A Common Stock, $.01 par value

1,004.11 ⁽⁴⁾

Phantom Stock Unit

$ 0

⁽⁵⁾

Class A Common Stock, $.01 par value

1,278.71 ⁽⁵⁾

Phantom Stock Unit

$ 0

⁽⁵⁾

Class A Common Stock $.01 par value

781.25 ⁽⁵⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
YOUNG M DOUGLAS C/O GENESEE & WYOMING INC. 66 FIELD POINT ROAD GREENWICH, CT 06830	X

Signatures

Thomas P. Loftus, Attorney-in-fact for M. Douglas Young		11/09/2004
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This amount includes 2,000 restricted stock units granted under the Genesee & Wyoming Inc. 2004 Omnibus Incentive Plan. Each restricted stock unit represents the right to receive one share of Genesee & Wyoming Inc. Class A Common Stock. The restricted stock units vest pro rata with respect to one-half of the shares subject to the restricted stock unit award on the date of each of the next two annual meetings of stockholders. As the restricted stock units vest, the corresponding number of shares of Class A Common Stock will be issued to Mr. Young.
(2)	This option was previously reported by Mr. Young.
(3)	These aggregated Phantom Stock Units were previously reported by Mr. Young. The Units were credited to Mr. Young's account under the Issuer's Deferred Stock Plan for Non-Employee Directors. The Units are to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Young's prior election.
(4)	This Phantom Stock Unit was previously reported by Mr. Young. The Unit was credited to Mr. Young's account under the Issuer's Deferred Stock Plan for Non-Employee Directors. The Unit is to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Young's prior election.
(5)	This Phantom Stock Unit was previously reported by Mr. Young. The Unit was credited to Mr. Young's account under the Issuer's 2004 Omnibus Incentive Plan. The Unit is to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Young's prior election.

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