AI assistant
ASTEC INDUSTRIES INC — Director's Dealing 2016
Aug 31, 2016
32157_dirs_2016-08-31_81cb503e-fc1e-4e4d-8e21-9d43350633a0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2016-08-30
Reporting Person: Haven Matthew B (President-Telsmith)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-30 | Phantom Shares | $ | A | 0.8885 | Acquired | Common Stock (0.8885) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1900 | Direct |
| Common Stock | 989.3719 | 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 August 30, 2016.
F3: 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.