Schwarz Jeffrey M. 4
4 · ASTEC INDUSTRIES INC · Filed Aug 31, 2018
Insider Transaction Report
Form 4
Schwarz Jeffrey M.
President-JCI
Transactions
- Award
Phantom Stock
2018-08-30$48.99/sh+1.304$64→ 581.894 total→ Common Stock (1.304 underlying)
Holdings
- 2,850
Common Stock
- 544
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 to the reporting person's SERP account that was used to purchase additional shares of Astec stock on the open market as previously approved by the company'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.