CARGOULD FRANK D 4
4 · ASTEC INDUSTRIES INC · Filed Jan 11, 2011
Insider Transaction Report
Form 4
CARGOULD FRANK D
President-Breaker Technology
Transactions
- Award
Phantom Stock
2011-01-10$32.85/sh+151.86$4,989→ 8,164.029 total→ Common Stock (151.86 underlying)
Holdings
- 2,500
Common Stock
Footnotes (2)
- [F1]Reported transaction represents the Company contribution to the reporting person's SERP account that was used to acquire Astec stock. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F2]Shares reported are Restricted Stock Units that convert into common stock on a one for one basis at a future date.