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ASTEC INDUSTRIES INC — Director's Dealing 2016
Mar 29, 2016
32157_dirs_2016-03-29_6c7fba8b-5b35-4370-aa79-79994b62252b.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: 2016-03-28
Reporting Person: Bremmer Michael A (President-CEI Enterprises)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-28 | Phantom Stock | $ | A | 9.03 | Acquired | Common Stock (9.03) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 300 | Direct |
| Common Stock | 2424 | 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: Transaction represents Company's quarterly contribution to participants SERP account that was used to purchase Astec stock on the open market. 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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