Rebecca A. Weyenberg - May 5, 2023 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role
Chief Financial Officer
Signature
/s/ Aletheia Silcott, as attorney in fact for Rebecca A. Weyenberg
Stock symbol
ASTE
Transactions as of
May 5, 2023
Transactions value $
$0
Form type
4
Date filed
5/9/2023, 12:58 PM
Previous filing
May 2, 2023
Next filing
Jun 1, 2023

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 +635 +21.53% $0.00 3.58K May 5, 2023 Common Stock 635 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.