Anshu Pasricha - Dec 2, 2022 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role
GC and Corp Secretary
Signature
/s/ David Schmit, as attorney in fact for Anshu Pasricha
Stock symbol
ASTE
Transactions as of
Dec 2, 2022
Transactions value $
$0
Form type
4
Date filed
12/6/2022, 05:25 PM
Previous filing
Oct 11, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTE Common Stock Award $0 +22 +0.19% $0.00 11.7K Dec 2, 2022 Direct F1

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 +4.37 +0.3% $0.00 1.48K Dec 2, 2022 Common Stock 4.37 Direct F2, F3
* 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 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.
F3 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.