Cline Joe K 4
4 · ASTEC INDUSTRIES INC · Filed Mar 1, 2011
Insider Transaction Report
Form 4
Cline Joe K
President, Astec Underground
Transactions
- Award
Common Stock
2011-02-28+374→ 2,174 total
Holdings
- 909.765
Phantom Stock
→ Common Stock (909.765 underlying) - 906.349(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Reported transaction is a grant of restricted stock units earned under the Company's 2006 Stock Incentive Plan for cumulative five year performance. Total reported holdings are restricted stock units that convert to common stock on a one-for-one basis at a later date.
- [F2]Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- [F3]Shares held in the reporting person's 401(k) account are based upon a plan statement dated March 1, 2011.