Haven Matthew B 4
4 · ASTEC INDUSTRIES INC · Filed Aug 30, 2017
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2017-08-29$47.18/sh+1.204$57→ 569.256 total→ Common Stock (1.204 underlying)
Holdings
- 2,429
Common Stock
- 1,035.9(indirect: By 401(k))
Common Stock
- 1,409
Common Stock
Footnotes (3)
- [F1]Shares held in the reporting person's 401k plan are based upon a plan statement dated August 30, 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 that was used to purchase additional shares of Astec stock on the open market, as previously 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.