SEC Form 4 · accession 0001140361-15-009529
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
Feb 28, 2015
Accepted (ET)
Mar 2, 2015 · 11:16 am 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 StockF2 | Feb 28, 2015 | F | 606 | $42.77 | D | 1,763 | D | |
| Common StockF3 | holding | — | — | — | 907 | I | by 401(k) Plan | |
| Common StockF4 | holding | — | — | — | 7,469 | 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 | — | holding | — | — | — | — | — | Common Stock | 11,372 | 11,372 | D |
Explanation of responses
- F1Phantom 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. Reported transaction reflects 606 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,500 RSUs.
- F3Shares held in the reporting person's 401k account are based upon a Plan statement dated March 2, 2015.
- F4Total amount includes 894 shares issued upon vesting of RSUs on February 28, 2015.