ASTEC INDUSTRIES INC — Director's Dealing 2017

May 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2017-05-26

Reporting Person: Colwell Chris E (President-Carlson Paving)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-26	Phantom Stock	$	A	5.2382	Acquired		Common Stock (5.2382)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6574	Direct
Common Stock	1079	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: Reported transaction represents the automatic reinvestment of Astec's quarterly dividend on shares held in the reporting person's SERP account to purchase additional shares of Astec stock on the open market, as previously 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.