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ASTEC INDUSTRIES INC — Director's Dealing 2017
Mar 1, 2017
32157_dirs_2017-03-01_36fd3394-6e7b-4805-9b27-2d53edd33ef5.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: 2017-02-28
Reporting Person: SMITH W NORMAN (Director, Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-28 | Common Stock | A | 3588 | — | Acquired | 3588 | Direct |
| 2017-02-28 | Common Stock | S | 5000 | $62.77 | Disposed | 102796 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (24881.3482) | 24881.3482 | 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 is a grant of RSUs earned under the Company's 2011 Incentive Plan for 2016 performance.
F2: 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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