SEC Form 4 · accession 0001140361-17-017354
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Potts
Director
Period of report
Apr 28, 2017
Accepted (ET)
Apr 28, 2017 · 4:26 pm 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 | Apr 28, 2017 | A | 1,019 | $63.83 | A | 4,896 | D | |
| Common StockF1 | holding | — | — | — | 375 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Holding represents deferred stock units that convert to common stock on a on-for-one basis at a later date
- F2Transaction represents Restrictive Stock Units ("RSUs") issued in payment of the reporting person's annual stock award for being a non-employee director of the Company. Upon vesting, at the earlier of one year from the date of grant or on the day preceding the Company's next annual meeting of shareholders, the RSUs convert into shares of Company stock on a one-for-one basis, unless the individual director has made an election to defer receipt of the Company stock.