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ASTEC INDUSTRIES INC — Director's Dealing 2018
Apr 27, 2018
32157_dirs_2018-04-27_19e815be-0021-466a-8531-396642d0ad2a.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: 2018-04-27
Reporting Person: FRIERSON DANIEL K (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-27 | Common Stock | A | 1170 | $55.56 | Acquired | 7990 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6635 | Direct |
Footnotes
F1: The securities consist of deferred stock units (DSU's) acquired as payment for director fees. The DSU's convert on a one-for-one basis into shares of the issurer's common stock at a later date.
F2: Transaction represents Restrictive Stock Units ("RSUs") issued in payment of the reporting person's annual stock award for being a non-employee director of the Company. Upon vesting, at the earlier of one year from the date of grant or on the day preceding the Company's next annual meeting of shareholders, the RSUs convert into shares of Company stock on a one-for-one basis, unless the individual director has made an election to defer receipt of the Company stock.