ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Aug 31, 2016
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2016-08-30$59.93/sh+0.889$53→ 533.382 total→ Common Stock (0.889 underlying)
Holdings
- 989.372(indirect: By 401(k))
Common Stock
- 1,900
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 August 30, 2016.
- [F3]Transaction represents the automatic reinvestment of Astec's quarterly dividend on shares held by the reporting person's SERP account to purchase additional shares of 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.