SEC Form 4 · accession 0001140361-17-015506
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaco van der Merwe
Officer — Group Pres Energry
Period of report
Apr 7, 2017
Accepted (ET)
Apr 11, 2017 · 10:52 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 StockF2 | holding | — | — | — | 1,068 | 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 | — | Apr 7, 2017 | A | 60 | A | — | — | Common Stock | 60 | 88 | D |
Explanation of responses
- F1Reported transaction represents Astec's quarterly contribution to the reporting person's 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.
- F2Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.