SEC Form 4 · accession 0001140361-15-009533
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malcolm L Swanson
Officer — President-Astec, Inc.
Period of report
Feb 28, 2015
Accepted (ET)
Mar 2, 2015 · 11:26 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 StockF1 | Feb 28, 2015 | F | 310 | $42.77 | D | 2,329 | D | |
| Common StockF4 | holding | — | — | — | 1,540 | D | ||
| Common StockF2 | holding | — | — | — | 273 | I | by 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3 | — | holding | — | — | — | — | — | Common Stock | 509 | 509 | D |
Explanation of responses
- F1Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 310 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,000 RSUs.
- F2Shares held in 401k are based upon plan statement dated March 2, 2015.
- F3Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- F4Total amount includes 690 shares issued upon vesting of RSUs on February 28, 2015.