ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 29, 2016
Insider Transaction Report
Form 4
Swanson Malcolm L
President-Astec, Inc.
Transactions
- Tax Payment
Common Stock
2016-02-28$42.19/sh−722$30,461→ 0 total
Holdings
- 3,147
Common Stock
- 308.809(indirect: By 401(k))
Common Stock
- 1,008.207
Phantom Stock
→ Common Stock (1,008.207 underlying)
Footnotes (4)
- [F1]Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 722 shares of common stock withheld tby the issuer to satisfy tax withholding obligations upon the vesting of 2,329 RSUs.
- [F2]Shares held in 401k are based upon plan statement dated February 28, 2016.
- [F3]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F4]Total amount includes 1,607 shares issued upon vesting of RSUs on February 28, 2016.