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ASTEC INDUSTRIES INC — Director's Dealing 2016
Jun 7, 2016
32157_dirs_2016-06-07_41fe3077-2135-4ac3-ae1f-07ce151d1247.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: 2016-06-07
Reporting Person: GEHL WILLIAM D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-07 | Common Stock | A | 1196 | — | Acquired | 1479 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15805 | Direct |
Footnotes
F1: The securities consist of deferred stock units (DSU's) acquired under the issuer's 1998 Non-Employee Directors Incentive Plan. The DSU's convert on a one-for-one basis into shares of the issuer's common stock subsequent to the reporting person's termination of services as a director.
F2: Transaction represents Restrictive Stock Units ("RSUs") issued in payment of the reporting person's annual stock award for being a non-employee director of the Company. Upon vesting, at the earlier of one year from the date of grant or on the day before the Company's next Annual Shareholders' meeting, the RSUs convert into shares of Company stock on a one-for-one basis.