ASTEC INDUSTRIES INC 4
4 · ASTEC INDUSTRIES INC · Filed Aug 31, 2016
Insider Transaction Report
Form 4
Irvine John J. III
President-Roadtec, Inc.
Transactions
- Award
Phantom Stock
2016-08-30$59.93/sh+0.098$6→ 59.088 total→ Common Stock (0.098 underlying)
Holdings
- 1,000
Common Stock
- 3,221
Common Stock
Footnotes (2)
- [F1]Shares shown represent restricted stock units that convert to common stock on a one-for-one basis at a later date.
- [F2]Transaction represents the automatic reinvestment of Astec's quarterly dividend on shares held by the reporting person's SERP account to purchase additional shares of Astec stock on the open market as 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.