Schwarz Jeffrey M. 4
4 · ASTEC INDUSTRIES INC · Filed Sep 3, 2019
Insider Transaction Report
Form 4
Schwarz Jeffrey M.
President-JCI
Transactions
- Award
Phantom Stock
2019-08-29$28.03/sh+3.278$92→ 838.549 total→ Common Stock (3.278 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 purchase of Astec common stock on the open market due to the automatic reinvestment of quarterly dividends on Astec common stock held in the participants SERP account 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.