SEC Form 4 · accession 0001140361-16-060504
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Patek
Officer — Group Pres Aggregate & Mining
Period of report
Apr 6, 2016
Accepted (ET)
Apr 7, 2016 · 10:13 am EDT
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 StockF3 | holding | — | — | — | 956 | I | by 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 1,763 | D | ||
| Common Stock | holding | — | — | — | 7,469 | 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 | — | Apr 6, 2016 | A | 70 | A | — | — | Common Stock | 70 | 11,789 | D |
Explanation of responses
- F1Transaction represents Company's quarterly contribution to reporting person's SERP account that was used to purchase Astec 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.
- F2Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.
- F3Shares held in the reporting person's 401k account are based upon a Plan statement dated April 7, 2016.