SEC Form 4 · accession 0001140361-17-043823
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
Nov 24, 2017
Accepted (ET)
Nov 27, 2017 · 11:40 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 StockF1 | Nov 24, 2017 | I | 989 | $54.5039 | D | 0 | I | by 401(k) Plan |
| Common StockF2 | holding | — | — | — | 3,863 | D | ||
| Common Stock | 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 StockF3 | — | Nov 24, 2017 | I | 4,263 | D | — | — | Common Stock | 4,263 | 7,918 | D |
Explanation of responses
- F1Shares held in the reporting person's 401k account are based upon a Plan statement dated November 27, 2017.
- F2Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
- F3Reported transaction is a sale of Astec stock within the SERP and the funds were reinvested in other investments. Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec.