Jaco van der Merwe - Aug 31, 2021 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role: Group President
Signature: /s/ Anshu Pasricha, attorney-in-fact for Jaco van der Merwe
Stock symbol: ASTE
Transactions as of: Aug 31, 2021
Transactions value $: $504
Form type: 4
Date filed: 9/2/2021, 04:50 PM
Previous filing: Jul 21, 2021
Next filing: Oct 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTE	Common Stock	Award	$369	+6	+0.02%	$61.48	24.2K	Aug 31, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASTE	Phantom Stock	Award	$135	+2.19	+0.18%	$61.48	1.23K	Aug 31, 2021	Common Stock	2.19		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents dividend equivalents earned on the 2021 RSU award.
F2	Total share balance is updated to reflect dividend equivalents earned on the 2021 RSU award.
F3	Reflects acquisition of phantom stock pursuant to reinvestment of dividend equivalent rights under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.
F4	The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.