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ASTEC INDUSTRIES INC — Director's Dealing 2016
Feb 29, 2016
32157_dirs_2016-02-29_8e1bc6e4-6020-486c-991c-7d162d5e80d2.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: 2016-02-28
Reporting Person: Swanson Malcolm L (President-Astec, Inc.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-28 | Common Stock | F | 722 | $42.19 | Disposed | 0 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3147 | Direct |
| Common Stock | 308.8085 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (1008.2072) | 1008.2072 | Direct |
Footnotes
F1: Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 722 shares of common stock withheld tby the issuer to satisfy tax withholding obligations upon the vesting of 2,329 RSUs.
F2: Shares held in 401k are based upon plan statement dated February 28, 2016.
F3: Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
F4: Total amount includes 1,607 shares issued upon vesting of RSUs on February 28, 2016.