SMITH W NORMAN 4
4 · ASTEC INDUSTRIES INC · Filed Mar 30, 2018
Insider Transaction Report
Form 4
SMITH W NORMAN
DirectorGroup VP-Asphalt
Transactions
- Award
Phantom Stock
2018-03-29$55.74/sh+46.648$2,600→ 26,049.549 total→ Common Stock (46.648 underlying)
Holdings
- 5,281
Common Stock
- 100,796(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
- [F2]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 Astec'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.