ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 28, 2017
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Tax Payment
Common Stock
2017-02-28$65.35/sh−323$21,108→ 1,409 total - Award
Common Stock
2017-02-28+309→ 2,209 total
Holdings
- 999.16(indirect: By 401(k))
Common Stock
- 549.518
Phantom Shares
→ Common Stock (549.518 underlying) - 2,429
Common Stock
Footnotes (5)
- [F1]Shares held in the reporting person's 401k plan are based upon a plan statement dated February 28, 2017.
- [F2]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.
- [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 323 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 800 RSUs.
- [F4]Total amount includes 477 shares issued upon vesting of RSUs on February 28, 2017.
- [F5]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.