SEC Form 4 · accession 0001140361-15-009617
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey L May
Officer — President-KPI
Period of report
Feb 28, 2015
Accepted (ET)
Mar 2, 2015 · 3:54 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 StockF2 | Feb 28, 2015 | F | 294 | $42.77 | D | 3,528 | D | |
| Common StockF4 | Feb 28, 2015 | A | 1,500 | $0.00 | A | 5,028 | D | |
| Common StockF1 | holding | — | — | — | 504 | I | by 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 2,674 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares held by reporting person's 401(k) plan account are based upon a plan statement dated March 2, 2015.
- F2Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 294 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 900 RSUs.
- F3Total amount includes 606 shares issued upon vesting of RSUs on February 28, 2015.
- F4Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction is a grant of RSUs earned under the Company's 2011 Stock Incentive Plan for 2014 performance.