SEC Form 4 · accession 0001140361-16-088151
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Wilkey
Officer — President-Heatec, Inc.
Period of report
Nov 28, 2016
Accepted (ET)
Nov 30, 2016 · 10:16 am EST
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 StockF2 | holding | — | — | — | 7,732 | D | ||
| Common Stock | holding | — | — | — | 4,491 | 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 | — | Nov 28, 2016 | A | 2 | A | — | — | Common Stock | 2 | 1,312 | D |
Explanation of responses
- F1Transaction represents the automatic reinvestment of Astec's quarterly dividend on shares held by the reporting person's SERP account to purchase additional shares of 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.
- F2Total reported holdings are restricted stock unites that convert to common stock on a one-for-one basis at a later date.