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ASTEC INDUSTRIES INC — Director's Dealing 2018
Aug 31, 2018
32157_dirs_2018-08-31_d7bb2320-114e-4b4c-b5ba-6bbf7f2878c8.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: 2018-08-30
Reporting Person: PATEK RICHARD A (Group Pres Aggregate & Mining)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-30 | Phantom Stock | $ | A | 17.8878 | Acquired | Common Stock (17.8878) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5034 | Direct |
| Common Stock | 4871 | Direct |
| Common Stock | 23.64 | Indirect |
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 that was used to purchase additional shares of Astec stock on the open market, as previously approved by Astec'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.
F3: Reflects shares held in a 401k plan based upon a plan statement dated August 31, 2018.