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ASTEC INDUSTRIES INC — Director's Dealing 2016
Jun 1, 2016
32157_dirs_2016-06-01_90a11f7c-0f53-49f3-98e3-d279458f7b19.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: 2016-05-27
Reporting Person: Haven Matthew B (President-Telsmith)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-27 | Phantom Shares | $ | A | 0.9888 | Acquired | Common Stock (0.9888) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1900 | Direct |
| Common Stock | 987.7238 | Indirect |
| Common Stock | 1952 | Direct |
Footnotes
F1: Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
F2: Shares held in the reporting person's 401k plan are based upon a plan statement dated June 1, 2016.
F3: Transaction represents the automatic reinvestment of a cash dividend paid on phantom stock held in the participant's SERP account that was used to purchase 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.