SMITH W NORMAN 4/A
4/A · ASTEC INDUSTRIES INC · Filed Aug 31, 2018
Insider Transaction Report
Form 4/AAmended
SMITH W NORMAN
DirectorGroup VP-Asphalt
Transactions
- Award
Phantom Stock
2018-07-12$61.03/sh+149.697$9,136→ 26,567.373 total→ Common Stock (149.697 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. Original form filed had an incorrect number of shares acquired due to a posting error by the SERP's outside record keeper which was corrected after the original Form 4 was filed. The error correction was noticed when the next Form 4 was due to be filed.