Rebecca A. Weyenberg - 02 Dec 2021 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Signature
/s/ Anshu Pasricha, Attorney-in-fact for Rebecca A. Weyenberg
Issuer symbol
ASTE
Transactions as of
02 Dec 2021
Net transactions value
-$43,951
Form type
4
Filing time
06 Dec 2021, 16:58:33 UTC
Previous filing
02 Sep 2021
Next filing
02 Mar 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 23,163 02 Dec 2021 Direct F1, F2
transaction ASTE Common Stock Tax liability $44,843 -701 -3% $63.97 22,462 04 Dec 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 +0.19% $62.92 1,270 02 Dec 2021 Common Stock 2 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.