Jaco van der Merwe - Aug 29, 2022 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role: Group President
Signature: /s/ David Schmit, as attorney in fact for Jaco van der Merwe
Stock symbol: ASTE
Transactions as of: Aug 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/31/2022, 04:57 PM
Previous filing: May 4, 2022
Next filing: Dec 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTE	Common Stock	Award	$0	+20	+0.07%	$0.00	30.2K	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	+4.1	+0.31%	$0.00	1.33K	Aug 29, 2022	Common Stock	4.1		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 20 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.