ASTEC INDUSTRIES INC — Director's Dealing 2019

Oct 8, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2019-02-28

Reporting Person: Schwarz Jeffrey M. (Group President-Agg & Mining)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	1562	$39.09	Acquired	4512	Direct
2019-02-28	Common Stock	F	194	$39.09	Disposed	3912	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-07	Phantom Stock	$	A	61.4662	Acquired		Common Stock (61.4662)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	850	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 2018 performance (reported late due to inadvertent omission).

F2: Reported transaction represents the purchase of Astec common stock on the open market due to the the Company's quarterly funding of the participant's SERP account. 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 that convert to common stock on a on-for-one basis at a later date. Reported transaction reflects 194 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 500 RSUs.

F4: Total amount includes 306 shares issued upon vesting of RSUs on February 28, 2019.