ASTEC INDUSTRIES INC — Director's Dealing 2020

May 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2020-05-01

Reporting Person: GEHL WILLIAM D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	A	2494	$40.11	Acquired	8130	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16286	Direct

Footnotes

F1: The securities consist of deferred stock units (DSU's) acquired under the issuer's 1998 Non-Employee Directors Incentive Plan. The DSU's convert on a one-for-one basis into shares of the issuer's common stock subsequent to the reporting person's termination of services as a director.

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.