Schwarz Jeffrey M. 4
4 · ASTEC INDUSTRIES INC · Filed Dec 2, 2019
Insider Transaction Report
Form 4
Schwarz Jeffrey M.
President-JCI
Transactions
- Award
Phantom Stock
2019-11-27$38.30/sh+2.585$99→ 902.6 total→ Common Stock (2.585 underlying)
Holdings
- 3,912
Common Stock
- 850
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.