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ASTEC INDUSTRIES INC — Director's Dealing 2017
Jan 11, 2017
32157_dirs_2017-01-11_4b4f286d-4ec2-4225-994d-929541c7c871.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: 2017-01-10
Reporting Person: Bremmer Michael A (President-CEI Enterprises)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-10 | Phantom Stock | $ | A | 53.6735 | Acquired | Common Stock (53.6735) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 300 | Direct |
| Common Stock | 725 | 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 Astec's quarterly contribution to the reporting person's 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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