SMITH W NORMAN 4
4 · ASTEC INDUSTRIES INC · Filed Jul 13, 2018
Insider Transaction Report
Form 4
SMITH W NORMAN
DirectorGroup VP-Asphalt
Transactions
- Award
Phantom Stock
2018-07-12$61.03/sh+109.7$6,695→ 26,527.377 total→ Common Stock (109.7 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 Astec's quarterly contribution to the reporting person's SERP account that was used to purchase additional shares of Astec stock on the open market. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.