ASTEC INDUSTRIES INC — Director's Dealing 2021

Mar 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTEC INDUSTRIES INC (ASTE)
CIK: 0000792987
Period of Report: 2020-03-16

Reporting Person: Merwe Jaco van der (Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-16	Common Stock	A	6799	$28.84	Acquired	19102	Direct
2021-02-28	Common Stock	F	886	$67.92	Disposed	18216	Direct
2021-03-16	Common Stock	A	4532	$77.23	Acquired	22748	Direct
2021-03-16	Common Stock	F	1686	$77.23	Disposed	21062	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-30	Phantom Stock	$	A	2.43	Acquired		Common Stock (2.43)	Direct
2020-04-09	Phantom Stock	$	A	195.85	Acquired		Common Stock (195.85)	Direct
2020-05-28	Phantom Stock	$	A	2.27	Acquired		Common Stock (2.27)	Direct
2020-07-08	Phantom Stock	$	A	60.91	Acquired		Common Stock (60.91)	Direct
2020-09-10	Phantom Stock	$	A	2.06	Acquired		Common Stock (2.06)	Direct
2020-10-08	Phantom Stock	$	A	47.49	Acquired		Common Stock (47.49)	Direct
2020-11-27	Phantom Stock	$	A	1.88	Acquired		Common Stock (1.88)	Direct
2021-01-13	Phantom Stock	$	A	42.84	Acquired		Common Stock (42.84)	Direct

Footnotes

F1: Reported transaction is a grant of RSUs under the Company's 2011 Incentive Plan

F2: Shares withheld to satisfy tax withholding obligation.

F3: Reported transaction is the vesting of performance-based RSUs previously granted under the Company's 2011 Incentive Plan.

F4: Shares withheld to satisfy tax withholding obligation.

F5: Reflects acquisition of phantom stock pursuant to reinvestment of dividend equivalent rights under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.

F6: The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.

F7: Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.