Schwarz Jeffrey M. 4
4 · ASTEC INDUSTRIES INC · Filed Oct 8, 2019
Insider Transaction Report
Form 4
Schwarz Jeffrey M.
President-JCI
Transactions
- Tax Payment
Common Stock
2019-02-28$39.09/sh−194$7,583→ 3,912 total - Award
Common Stock
2019-02-28$39.09/sh+1,562$61,059→ 4,512 total - Award
Phantom Stock
2019-10-07$29.89/sh+61.466$1,838→ 900.016 total→ Common Stock (61.466 underlying)
Holdings
- 850
Common Stock
Footnotes (4)
- [F1]Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction is a grant of RSUs earned under the Company's 2011 Incentive Plan for 2018 performance (reported late due to inadvertent omission).
- [F2]Reported transaction represents the purchase of Astec common stock on the open market due to the the Company's quarterly funding of the participant's SERP account. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F3]Holdings are Restricted Stock Units that convert to common stock on a on-for-one basis at a later date. Reported transaction reflects 194 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 500 RSUs.
- [F4]Total amount includes 306 shares issued upon vesting of RSUs on February 28, 2019.