SEC Form 4 · accession 0001140361-16-072162
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
Jul 8, 2016
Accepted (ET)
Jul 11, 2016 · 10:54 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 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 | — | Jul 8, 2016 | A | 9 | A | — | — | Common Stock | 9 | 532 | 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 July 11, 2016.
- F3Transaction represents Astec's quarterly contribution to the reporting persons 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.