ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Jan 11, 2017
Insider Transaction Report
Form 4
PATEK RICHARD A
Pres-Telsmith & Grp VP Agg
Transactions
- Award
Phantom Stock
2017-01-10$67.65/sh+25.122$1,699→ 11,941.779 total→ Common Stock (25.122 underlying)
Holdings
- 1,763
Common Stock
- 967.493(indirect: By 401(k))
Common Stock
- 3,800
Common Stock
Footnotes (3)
- [F1]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.
- [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 January 10, 2017.