ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Jun 1, 2016
Insider Transaction Report
Form 4
Claude Steven L
Group President-Infrastructure
Transactions
- Award
Phantom Stock
2016-05-27$52.86/sh+0.812$43→ 430.136 total→ Common Stock (0.812 underlying)
Holdings
- 1,987
Common Stock
Footnotes (1)
- [F1]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.