ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2015
Insider Transaction Report
Form 4
Cumming Lawrence R
President-Peterson Pacific
Transactions
- Award
Phantom Stock
2015-11-25$40.82/sh+9.246$377→ 3,783.4 total→ Common Stock (9.246 underlying)
Footnotes (1)
- [F1]Transaction represents the automatic reinvestment of a cash dividend on phantom sotck held in the reporting person's SERP account that was used to purchase Astec stock as approved by the Company's Board of Directors. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.