Rebecca A. Weyenberg - Aug 29, 2022 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Signature
/s/ David Schmit, as attorney in fact for Rebecca A. Weyenberg
Stock symbol
ASTE
Transactions as of
Aug 29, 2022
Transactions value $
$0
Form type
4
Date filed
8/31/2022, 04:42 PM
Previous filing
Jul 7, 2022
Next filing
Oct 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTE Common Stock Award $0 +30 +0.1% $0.00 30.7K Aug 29, 2022 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 $0 +7.41 +0.38% $0.00 1.98K Aug 29, 2022 Common Stock 7.41 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 and 2022 RSU awards.
F2 Amount reflects correct number of shares previously acquired through dividend equivalent rights, which was inadvertently overstated by 26 shares on the reporting person's Form 4 filed with the SEC on June 1, 2022.
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.