ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 29, 2016
Insider Transaction Report
Form 4
Claude Steven L
Group President-Infrastructure
Transactions
- Tax Payment
Common Stock
2016-02-28$42.19/sh−439$18,521→ 0 total
Holdings
- 1,987
Common Stock
- 253.319
Phantom Stock
→ Common Stock (253.319 underlying)
Footnotes (3)
- [F1]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F2]Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 439 shares of common stock withheld tby the issuer to satisfy tax withholding obligations upon the vesting of 1,753 RSUs.
- [F3]Total amount includes 1,314 shares issued upon vesting of RSUs on February 28, 2016.