SEC Form 4 · accession 0001140361-18-020102
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen E Tellock
Director
Period of report
Apr 27, 2018
Accepted (ET)
Apr 27, 2018 · 3:21 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 StockF1 | Apr 27, 2018 | A | 1,170 | $55.56 | A | 12,957 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction 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.