SEC Form 4 · accession 0001140361-17-044318
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
Oct 31, 2017
Accepted (ET)
Nov 30, 2017 · 10:33 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 | Oct 31, 2017 | G | 1,000 | $0.00 | D | 100,796 | I | W. N. Smith Rev 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 StockF3 | — | holding | — | — | — | — | — | Common Stock | 25,809 | 25,809 | 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.
- F2Gift to college to set up scholarship fund
- F3Phantom shares are held in a SERP and are payable in cash following the reporting persons's termination of employment from Astec.