ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Mar 29, 2016
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2016-03-28$44.49/sh+1.119$50→ 499.022 total→ Common Stock (1.119 underlying)
Holdings
- 1,900
Common Stock
- 976.67(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 March 29, 2016.
- [F3]Transaction represents the automatic reinvestment of a cash dividend paid on phantom stock held in the participants SERP account that was used to purchase Astec stock on the open market 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.