ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 28, 2017
Insider Transaction Report
Form 4
Cumming Lawrence R
President-Peterson Pacific
Transactions
- Discretionary Transaction
Phantom Stock
2017-02-27−4,261.151→ 0 totalExercise: $65.28→ Common Stock (4,261.151 underlying)
Footnotes (1)
- [F1]Phantom shares are held in a SERP and the SERP balance is payable in cash following the reporting person's termination of employment from Astec. Reported transaction is a sale of Astec stock within the SERP and the proceeds from the sale were reinvested in other SERP allowed investments.