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ASTEC INDUSTRIES INC — Director's Dealing 2016
Feb 29, 2016
32157_dirs_2016-02-29_a704de19-43cb-41dc-91be-40333ed830b6.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: DORRIS RICHARD J (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-28 | Common Stock | F | 1089 | $42.19 | Disposed | 2062 | Direct |
| 2016-02-28 | Common Stock | A | 419 | — | Acquired | 2481 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8388 | 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 1,089 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 3,769 RSUs.
F2: Total amount includes 2,680 shares issued upon vesting of RSUs on February 28, 2016.
F3: The reported transaction is a grant of restricted stock units earned under the Company's 2011 Incentive Plan. Total reported holdings are restricted stock unites that convert to common stock on a one-for-one basis at a later date.