Haven Matthew B 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2017
Insider Transaction Report
Form 4
Haven Matthew B
President-Telsmith
Transactions
- Award
Phantom Shares
2017-11-29$55.48/sh+1.044$58→ 580.358 total→ Common Stock (1.044 underlying)
Holdings
- 1,041.414(indirect: By 401(k))
Common Stock
- 1,409
Common Stock
- 2,429
Common Stock
Footnotes (3)
- [F1]Shares held in the reporting person's 401k plan are based upon a plan statement dated November 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.