ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2015
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2015-11-25$40.82/sh+1.183$48→ 484.216 total→ Common Stock (1.183 underlying)
Holdings
- 1,900
Common Stock
- 932.594(indirect: By 401(k))
Common Stock
- 1,952
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 the reporting person's 401k plan are based upon a 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.