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ASTEC INDUSTRIES INC — Director's Dealing 2019
Jun 4, 2019
32157_dirs_2019-06-04_29843da8-45a6-412b-9089-287743c8762b.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: 2019-05-31
Reporting Person: Schwarz Jeffrey M. (Group President-Agg & Mining)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-31 | Phantom Stock | $ | A | 2.8334 | Acquired | Common Stock (2.8334) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2850 | Direct |
| Common Stock | 544 | Direct |
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 purchase of Astec common stock on the open market due to the automatic reinvestment of Astec dividends 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.
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