SEC Form 4 · accession 0001140361-16-047407
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Norman Smith
Officer — Vice Chairman · Director
Period of report
Jan 8, 2016
Accepted (ET)
Jan 11, 2016 · 11:47 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 | — | — | — | 108,406 | I | W.N. Smith Living Trust | |
| Common StockF1 | holding | — | — | — | 6,321 | D | ||
| Common Stock | holding | — | — | — | 4,650 | 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 | — | Jan 8, 2016 | A | 228 | A | — | — | Common Stock | 228 | 24,061 | 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.
- F2Transaction represents the Company's quarterly contribution to the reporting person's SERP account that was used to purchase Astec Industries, Inc. stock on the open market. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.