SEC Form 4 · accession 0001140361-17-009859
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Patek
Officer — Group Pres Aggregate & Mining
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 11:45 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 | Feb 28, 2017 | A | 3,225 | $0.00 | A | 4,988 | D | |
| Common StockF3 | Feb 28, 2017 | F | 454 | $65.35 | D | 3,863 | D | |
| Common StockF1 | holding | — | — | — | 970 | I | by 401(k) Plan | |
| Common StockF4 | holding | — | — | — | 4,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF5 | — | holding | — | — | — | — | — | Common Stock | 11,942 | 11,942 | D |
Explanation of responses
- F1Shares held in the reporting person's 401k account are based upon a Plan statement dated February 28, 2017.
- F2Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction is a grant of RSUs earned under the Company's 2011 Incentive Plan for 2016 performance.
- F3Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date. Reported transaction reflects 454 shares of common stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of 1,125 RSUs.
- F4Total amount includes 671 shares issued upon vesting of RSUs on February 28, 2017.
- F5Holdings are restricted stock units (RSUs) that convert to common stock on a one-for-one basis at a later date.