Pasricha Anshu 4
4 · ASTEC INDUSTRIES INC · Filed Aug 31, 2022
Insider Transaction Report
Form 4
Pasricha Anshu
GC and Corp Secretary
Transactions
- Award
Common Stock
2022-08-29+23→ 12,002 total - Award
Phantom Stock
2022-08-29+3.527→ 1,145.918 total→ Common Stock (3.527 underlying)
Footnotes (4)
- [F1]Represents dividend equivalents earned on the 2021 and 2022 RSU awards.
- [F2]Amount reflects correct number of shares previously acquired through dividend equivalent rights, which was inadvertently overstated by 20 shares on the reporting person's Form 4 filed with the SEC on June 1, 2022.
- [F3]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.
- [F4]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.