ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2015
Insider Transaction Report
Form 4
Swanson Malcolm L
President-Astec, Inc.
Transactions
- Award
Phantom Stock
2015-11-25$40.82/sh+2.142$87→ 876.478 total→ Common Stock (2.142 underlying)
Holdings
- 1,540
Common Stock
- 2,329
Common Stock
- 301.267(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
- [F2]Shares held in 401k are based upon plan statement dated November 30, 2015.
- [F3]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.