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ASTEC INDUSTRIES INC — Director's Dealing 2017
Feb 28, 2017
32157_dirs_2017-02-28_b24d757f-cd75-4f19-98a7-0c9d16d4f452.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: Bremmer Michael A (President-CEI Enterprises)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-28 | Common Stock | A | 218 | — | Acquired | 518 | Direct |
| 2017-02-28 | Common Stock | F | 113 | $65.35 | Disposed | 216 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 912 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (4285.4689) | 4285.4689 | 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.
F3: Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 113 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 300 RSUs.
F4: Total amount includes 187 shares issued upon vesting of RSUs on February 28, 2017.