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ASTEC INDUSTRIES INC — Director's Dealing 2012
Mar 9, 2012
32157_dirs_2012-03-09_3326f2af-929e-4f9f-9b07-113d9d668b26.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2012-03-08
Reporting Person: SMITH W NORMAN (Director, Group VP-Asphalt)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-08 | Common Stock | F | 775 | $35.9 | Disposed | 15621 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 163756 | Indirect |
| Common Stock | 2325 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (18820.7248) | 18820.7248 | Direct |
Footnotes
F1: Reflects restricted stock units (RSUs) that convert to common stock on a one-for-one basis. The reported transaction reflects 775 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 3,100 RSU's.
F2: Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
F3: Amount includes 2,325 shares of common stock issued to the reporting person upon the vesting of RSUs, net of shares withheld to satisfy tax withholding obligations.