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ASTEC INDUSTRIES INC — Director's Dealing 2019
Apr 26, 2019
32157_dirs_2019-04-26_65dbd8d2-e93c-4364-a5a9-c5a6143884f0.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: 2019-04-26
Reporting Person: FRIERSON DANIEL K (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-26 | Common Stock | A | 1968 | $33.03 | Acquired | 9958 | 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, on the day preceding the Company's next annual meeting of shareholders, subject to the participant's continued service as a Director, 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.