Anderson Michael G 4
4 · ASTEC INDUSTRIES INC · Filed Nov 30, 2017
Insider Transaction Report
Form 4
Anderson Michael G
President-CEI
Transactions
- Award
Phantom Stock
2017-11-29$55.48/sh+0.135$7→ 74.901 total→ Common Stock (0.135 underlying)
Footnotes (1)
- [F1]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.