SEC Form 4 · accession 0001567619-18-003839
ASTEC INDUSTRIES INC · ASTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaco van der Merwe
Officer — Group Pres Energry
Period of report
Oct 5, 2018
Accepted (ET)
Oct 9, 2018 · 8:49 am 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 StockF2 | holding | — | — | — | 2,579 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Oct 5, 2018 | A | 43 | A | — | — | Common Stock | 43 | 354 | D |
Explanation of responses
- F1Reported transaction represents Astec's quarterly contribution to the reporting person's SERP account that was used to purchase additional shares of 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.
- F2Holdings are Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis at a later date.