SEC Form 4 · accession 0001140361-16-067237
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
May 25, 2016
Accepted (ET)
May 26, 2016 · 10:20 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 Stock | May 25, 2016 | S | 1,769 | $53.07 | D | 3,800 | D | |
| Common StockF3 | holding | — | — | — | 959 | I | by 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 1,763 | 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 | — | holding | — | — | — | — | — | Common Stock | 11,789 | 11,789 | D |
Explanation of responses
- F1Phantom 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 May 25, 2016.