Rebecca A. Weyenberg - Dec 2, 2021 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role: Chief Financial Officer
Signature: /s/ Anshu Pasricha, Attorney-in-fact for Rebecca A. Weyenberg
Stock symbol: ASTE
Transactions as of: Dec 2, 2021
Transactions value $: -$43,951
Form type: 4
Date filed: 12/6/2021, 04:58 PM
Previous filing: Sep 2, 2021
Next filing: Mar 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTE	Common Stock	Award	$741	+12	+0.05%	$61.74	23.2K	Dec 2, 2021	Direct	F1, F2
transaction	ASTE	Common Stock	Tax liability	-$44.8K	-701	-3.03%	$63.97	22.5K	Dec 4, 2021	Direct	F3

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	$151	+2.4	+0.19%	$62.92	1.27K	Dec 2, 2021	Common Stock	2.4		Direct	F4, F5

* 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	Shares withheld to satisfy tax withholding obligation.
F4	Reflects acquisition of phantom stock 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.
F5	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.