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ASTEC INDUSTRIES INC — Director's Dealing 2022
Jan 12, 2022
32157_dirs_2022-01-12_44bf4eb6-5898-4f85-affe-f1702bb7ad76.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: 2022-01-10
Reporting Person: Merwe Jaco van der (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-10 | Phantom Stock | $ | A | 43.9224 | Acquired | Common Stock (43.9224) | Direct |
Footnotes
F1: 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.
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.
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