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ASTEC INDUSTRIES INC — Director's Dealing 2017
Apr 4, 2017
32157_dirs_2017-04-04_420362ec-5156-43fc-9ea7-06b4ceb3245c.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: 2017-03-31
Reporting Person: GONIGAM TIMOTHY D (President-Astec Mobile Screens)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-31 | Phantom Stock | $ | A | 10.4995 | Acquired | Common Stock (10.4995) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 425.923 | Indirect |
| Common Stock | 452 | Direct |
Footnotes
F1: Shares owned in reporting person's 401(k) account are based upon a Plan statement dated April 4, 2017.
F2: Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
F3: 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 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.