ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Apr 4, 2017
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2017-03-31$59.54/sh+0.923$55→ 550.441 total→ Common Stock (0.923 underlying)
Holdings
- 1,409
Common Stock
- 2,429
Common Stock
- 1,006.338(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Shares held in the reporting person's 401k plan are based upon a plan statement dated April 4, 2017.
- [F2]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
- [F3]Reported transaction represents the automatic reinvestment of Astec's quarterly dividend on shares held in the reporting person's SERP account to purchase additional shares of Astec stock on the open market as approved by the Company's Board of Directors. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.