SEC Form 4 · accession 0001140361-16-068932
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D Gehl
Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 7, 2016 · 3:45 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 Stock | Jun 7, 2016 | A | 1,196 | $0.00 | A | 1,479 | D | |
| Common StockF1 | holding | — | — | — | 15,805 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities consist of deferred stock units (DSU's) acquired under the issuer's 1998 Non-Employee Directors Incentive Plan. The DSU's convert on a one-for-one basis into shares of the issuer's common stock subsequent to the reporting person's termination of services as a director.
- F2Transaction represents Restrictive Stock Units ("RSUs") issued in payment of the reporting person's annual stock award for being a non-employee director of the Company. Upon vesting, at the earlier of one year from the date of grant or on the day before the Company's next Annual Shareholders' meeting, the RSUs convert into shares of Company stock on a one-for-one basis.