ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 28, 2017
Insider Transaction Report
Form 4
Bremmer Michael A
President-CEI Enterprises
Transactions
- Award
Common Stock
2017-02-28+218→ 518 total - Tax Payment
Common Stock
2017-02-28$65.35/sh−113$7,385→ 216 total
Holdings
- 912
Common Stock
- 4,285.469
Phantom Stock
→ Common Stock (4,285.469 underlying)
Footnotes (4)
- [F1]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction is a grant of RSUs earned under the Company's 2011 Incentive Plan for 2016 performance.
- [F2]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F3]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 113 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 300 RSUs.
- [F4]Total amount includes 187 shares issued upon vesting of RSUs on February 28, 2017.