CARGOULD FRANK D 4
4 · ASTEC INDUSTRIES INC · Filed Mar 9, 2012
Insider Transaction Report
Form 4
CARGOULD FRANK D
President-Breaker Technology
Transactions
- Tax Payment
Common Stock
2012-03-08$35.90/sh−471$16,909→ 1,000 total
Holdings
- 1,029
Common Stock
- 8,683.219
Phantom Stock
→ Common Stock (8,683.219 underlying)
Footnotes (3)
- [F1]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F2]Reflects restricted stock units (RSUs) that convert to common stock on a one-for-one basis. The reported transaction reflects 471 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,500 RSU's.
- [F3]Amount includes 1,029 shares of common stock issued to the reporting person upon the vesting of RSUs, net of shares withheld to satisfy tax withholding obligations.