SEC Form 4 · accession 0001140361-18-001837
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malcolm L Swanson
Officer — President-Astec, Inc.
Period of report
Jan 10, 2018
Accepted (ET)
Jan 12, 2018 · 12:09 pm 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 | holding | — | — | — | 376 | I | by 401(k) Plan | |
| Common StockF2 | holding | — | — | — | 1,170 | D | ||
| Common Stock | holding | — | — | — | 160 | 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 | — | Jan 10, 2018 | A | 85 | A | — | — | Common Stock | 85 | 1,930 | D |
Explanation of responses
- F1Shares held in 401k are based upon plan statement dated January 12, 2018.
- F2Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.
- F3Reported transaction represents the Company's quarterly contribution to the participant'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.