PATEK RICHARD A 4
4 · ASTEC INDUSTRIES INC · Filed Mar 1, 2018
Insider Transaction Report
Form 4
PATEK RICHARD A
Group Pres Aggregate & Mining
Transactions
- Award
Common Stock
[F1]2018-02-28+1,809→ 5,672 total - Tax Payment
Common Stock
[F3]2018-02-28$60.92/sh−238$14,499→ 5,034 total
Holdings
- 4,871
Common Stock
[F4] - 5.466(indirect: By 401(k))
Common Stock
[F5] - 7,939.545
Phantom Stock
[F2]→ Common Stock (7,939.545 underlying)
Footnotes (5)
- [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 2017 performance.
- [F2]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F3]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a on-for-one basis at a later date. Reported transaction reflects 238 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 638 RSUs.
- [F4]Total amount includes 400 shares issued upon vesting of RSUs on February 28, 2018.
- [F5]Reflects shares held in a 401k plan based upon a plan statement dated March 1, 2018.
Signature
Robert Taylor, attorney in fact for Richard A. Patek|2018-03-01