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ASTEC INDUSTRIES INC — Director's Dealing 2016
Aug 31, 2016
32157_dirs_2016-08-31_98c3220b-6102-4c5f-b7ea-0b4b56eba5b9.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: 2016-08-30
Reporting Person: Colwell Chris E (President-Carlson Paving)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-30 | Phantom Stock | $ | A | 4.3456 | Acquired | Common Stock (4.3456) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7267 | Direct |
Footnotes
F1: Reported holdings are restricted stock unites 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.
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