SEC Form 4 · accession 0001140361-16-055629
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Silvious
Officer — Chief Financial Officer
Period of report
Feb 28, 2016
Accepted (ET)
Feb 29, 2016 · 7:27 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, 2016 | F | 520 | $42.19 | D | 0 | D | |
| Common StockF1 | holding | — | — | — | 318 | I | by 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 2,146 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares held in reporting person's 401(k) plan account are based upon a plan statement dated February 28, 2016..
- F2Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 520 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,590 RSUs.
- F3Total amount includes 1,070 shares issued upon vesting of RSUs on February 28, 2016.