Pasricha Anshu 4
4 · ASTEC INDUSTRIES INC · Filed Apr 7, 2022
Insider Transaction Report
Form 4
Pasricha Anshu
GC and Corp Secretary
Transactions
- Award
Phantom Stock
2022-04-05+334.852→ 919.113 total→ Common Stock (334.852 underlying)
Footnotes (3)
- [F1]Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.
- [F2]The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.
- [F3]Total share balance is updated to reflect an automatic reinvestment of dividend equivalent rights with respect to phantom stock held in the SERP.