SEC Form 4 · accession 0001140361-15-009576
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Don Brock
Officer — Chairman · Director
Period of report
Feb 28, 2015
Accepted (ET)
Mar 2, 2015 · 2:11 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 StockF1 | Feb 28, 2015 | F | 2,250 | $42.77 | D | 18,351 | D | |
| Common Stock | holding | — | — | — | 44,475 | I | Residuary Trust | |
| Common StockF3 | holding | — | — | — | 2,007,340 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | holding | — | — | — | — | — | Common Stock | 47,718 | 47,718 | 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 2,250 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 9,000 RSUs.
- F2Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- F3Total amount includes 6,750 shares issued upon vesting of RSUs on February 28, 2015.