ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Jun 1, 2016
Insider Transaction Report
Form 4
Bremmer Michael A
President-CEI Enterprises
Transactions
- Award
Phantom Stock
2016-05-27$52.86/sh+7.747$409→ 4,102.942 total→ Common Stock (7.747 underlying)
Holdings
- 2,424
Common Stock
- 300
Common Stock
Footnotes (2)
- [F1]Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
- [F2]Transaction represents the automatic reinvestment of a cash dividend paid on phantom stock held in the participant's 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.