SEC Form 4 · accession 0001140361-15-001570
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Patek
Officer — Group Pres Aggregate & Mining
Period of report
Jan 12, 2015
Accepted (ET)
Jan 13, 2015 · 2:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000792987
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | holding | — | — | — | 903 | I | by 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 3,263 | D | ||
| Common Stock | holding | — | — | — | 6,575 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Jan 12, 2015 | A | 51 | A | — | — | Common Stock | 51 | 11,372 | D |
Explanation of responses
- F1Transaction represents the Company's quarterly contribution to the reporting person's SERP account that was used to purchase Astec stock. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- F2Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
- F3Shares held in the reporting person's 401k account are based upon a Plan statement dated January 13, 2015.