Jaco van der Merwe - Apr 4, 2022 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role: Group President
Signature: /s/ Jamie Palm, attorney in fact for Jaco van der Merwe
Stock symbol: ASTE
Transactions as of: Apr 4, 2022
Transactions value $: $172
Form type: 4
Date filed: 6/1/2022, 06:16 PM
Previous filing: Apr 4, 2022
Next filing: May 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTE	Common Stock	Small acquisition under Rule 16a-6	$172	+4	+0.01%	$43.09	30.1K	Apr 4, 2022	Direct	F1
transaction	ASTE	Common Stock	Award	$0	+37	+0.12%	$0.00	30.2K	May 27, 2022	Direct	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	$0	+3.41	+0.26%	$0.00	1.33K	May 27, 2022	Common Stock	3.41		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects shares acquired through broker dividend reinvestment feature.
F2	Represents dividend equivalents earned on the 2021 and 2022 RSU awards.
F3	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.
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.