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ASTEC INDUSTRIES INC — Director's Dealing 2019
Apr 1, 2019
32157_dirs_2019-04-01_3b1e4ab0-fa84-434a-a951-4bf2b01a5665.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: 2019-03-29
Reporting Person: Merwe Jaco van der (Group President-Infrastructure)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-29 | Phantom Stock | $ | A | 1.2335 | Acquired | Common Stock (1.2335) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2579 | Direct |
Footnotes
F1: Reported transaction represents the automatic reinvenstmetn of Astec' s quarterly dividend that was used to purchase additional shares of Astec stock on the open market as approved by the Company'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.
F2: Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
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