SMITH W NORMAN 4
4 · ASTEC INDUSTRIES INC · Filed Dec 3, 2018
Insider Transaction Report
Form 4
SMITH W NORMAN
DirectorGroup VP-Asphalt
Transactions
- Award
Phantom Stock
2018-11-29$35.58/sh+82.876$2,949→ 26,889.611 total→ Common Stock (82.876 underlying)
Holdings
- 99,056(indirect: By Trust)
Common Stock
- 5,281
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 paid 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.