ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 29, 2016
Insider Transaction Report
Form 4
Wilkey Thomas H
President-Heatec, Inc.
Transactions
- Tax Payment
Common Stock
2016-02-28$42.19/sh−1,130$47,675→ 4,175 total - Award
Common Stock
2016-02-28+3,557→ 7,732 total
Holdings
- 4,491
Common Stock
- 975.333
Phantom Stock
→ Common Stock (975.333 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 1,130 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 3,769 RSUs.
- [F2]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F3]Total amount includes 2,639 shares issued upon vesting of RSUs on February 28, 2016.
- [F4]The reported transaction is a grant of restricted stock units earned under the Company's 2011 Incentive Plan. Total reported holdings are restricted stock unites that convert to common stock on a one-for-one basis at a later date.