SEC Form 4 · accession 0001140361-17-030551
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Norman Smith
Officer — Vice Chairman · Director
Period of report
Aug 7, 2017
Accepted (ET)
Aug 8, 2017 · 3:14 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 StockF3 | Aug 7, 2017 | G | 750 | $0.00 | D | 102,046 | I | W.N. Smith Living Trust |
| Common StockF3 | Aug 8, 2017 | G | 250 | $0.00 | D | 101,796 | I | W. N. Smith Living Trust |
| Common StockF1 | holding | — | — | — | 3,588 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | holding | — | — | — | — | — | Common Stock | 25,586 | 25,586 | D |
Explanation of responses
- F1Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
- F2Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.
- F3Transaction represents gift of Astec stock to reporting person's grandchildren.