SEC Form 4 · accession 0001140361-17-009535
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence R Cumming
Officer — President-Peterson Pacific
Period of report
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 9:31 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000792987
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | $65.2799 | Feb 27, 2017 | I | 4,261 | D | — | — | Common Stock | 4,261 | 0 | D |
Explanation of responses
- F1Phantom shares are held in a SERP and the SERP balance is payable in cash following the reporting person's termination of employment from Astec. Reported transaction is a sale of Astec stock within the SERP and the proceeds from the sale were reinvested in other SERP allowed investments.