SEC Form 4 · accession 0001140361-15-043047
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Claude
Officer — Group President-Infrastructure
Period of report
Nov 25, 2015
Accepted (ET)
Nov 30, 2015 · 9:43 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 Stock | holding | — | — | — | 673 | D | ||
| Common StockF2 | holding | — | — | — | 1,753 | 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 | — | Nov 25, 2015 | A | 0 | A | — | — | Common Stock | 0 | 74 | D |
Explanation of responses
- F1Transaction represents the automatic reinvestment of a cash dividend on phantom sotck held in the reporting person's SERP account that was used to purchase Astec stock as approved by the Company's Board of Directors. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- F2Securities reported are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.