SEC Form 4 · accession 0001140361-16-068071
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew B Haven
Officer — President-Telsmith
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 3:25 pm 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 StockF1 | holding | — | — | — | 1,900 | D | ||
| Common StockF2 | holding | — | — | — | 988 | I | by 401K Plan | |
| Common Stock | holding | — | — | — | 1,952 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF3 | — | May 27, 2016 | A | 1 | A | — | — | Common Stock | 1 | 524 | 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.
- F2Shares held in the reporting person's 401k plan are based upon a plan statement dated June 1, 2016.
- F3Transaction represents the automatic reinvestment of a cash dividend paid on phantom stock held in the participant's SERP account that was used to purchase Astec stock on the open market 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.