ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Feb 28, 2017
Insider Transaction Report
Form 4
Irvine John J. III
President-Roadtec, Inc.
Transactions
- Award
Common Stock
2017-02-28+689→ 1,689 total - Tax Payment
Common Stock
2017-02-28$65.35/sh−327$21,369→ 689 total
Holdings
- 673
Common Stock
- 223.773
Phantom Stock
→ Common Stock (223.773 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]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 327 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,000 RSUs.
- [F3]Total amount includes 673 shares issued upon vesting of RSUs on February 28, 2017.
- [F4]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.