ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Jan 11, 2017
Insider Transaction Report
Form 4
Irvine John J. III
President-Roadtec, Inc.
Transactions
- Award
Phantom Stock
2017-01-10$67.65/sh+73.23$4,954→ 223.773 total→ Common Stock (73.23 underlying)
Holdings
- 1,000
Common Stock
Footnotes (2)
- [F1]Shares shown represent restricted stock units that convert to common stock on a one-for-one basis at a later date.
- [F2]Transaction represents Astec's quarterly contribution to the reporting person's SERP account that was used to purchase Astec stock on the open market. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.