ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2016
Insider Transaction Report
Form 4
Cumming Lawrence R
President-Peterson Pacific
Transactions
- Award
Phantom Stock
2016-11-28$66.88/sh+6.26$419→ 4,193.213 total→ Common Stock (6.26 underlying)
Footnotes (1)
- [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.