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ASTEC INDUSTRIES INC — Director's Dealing 2022
Dec 6, 2022
32157_dirs_2022-12-06_3c9411a7-687e-45ba-967e-859b2e605e58.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: 2022-12-02
Reporting Person: Merwe Jaco van der (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-02 | Common Stock | A | 20.00 | $0.00 | Acquired | 30172.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-02 | Phantom Stock | $ | A | 3.9562 | Acquired | Common Stock (3.9562) | Direct |
Footnotes
F1: Represents dividend equivalents earned on the 2021 and 2022 RSU awards.
F2: 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.
F3: 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.
F4: Total share balance is updated to reflect an automatic reinvestment of dividend equivalent rights with respect to phantom stock held in the SERP.