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: 2020-01-31

Reporting Person: POTTS CHARLES F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	A	2494	$40.11	Acquired	7541	Direct
2020-01-31	Common Stock	A	299	$41.89	Acquired	5932	Direct
2020-05-01	Common Stock	A	312	$40.11	Acquired	8212	Direct

Footnotes

F1: Transaction represents deferred stock units issued in payment of reporting person's quarterly board retainer. Deferred stock units convert to shares of common stock on a one-for-one basis at a later date.

F2: Shares held reflects the vesting of 1,968 RSUs that were converted to deferred stock unit on April 29, 2020.

F3: 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.