ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Aug 31, 2016
Insider Transaction Report
Form 4
PATEK RICHARD A
Pres-Telsmith & Grp VP Agg
Transactions
- Award
Phantom Stock
2016-08-30$59.93/sh+19.765$1,185→ 11,864.967 total→ Common Stock (19.765 underlying)
Holdings
- 1,763
Common Stock
- 965.223(indirect: By 401(k))
Common Stock
- 3,800
Common Stock
Footnotes (3)
- [F1]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.
- [F2]Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
- [F3]Shares held in the reporting person's 401k account are based upon a Plan statement dated August 30, 2016.