Reuben Srinivasan - Jul 19, 2021 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Signature
/s/ Anshu Pasricha, attorney-in-fact for Reuben Srinivasan
Stock symbol
ASTE
Transactions as of
Jul 19, 2021
Transactions value $
$0
Form type
4
Date filed
7/21/2021, 04:54 PM
Next filing
May 20, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

* 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.
F3 Total share balance is updated to reflect an automatic reinvestment of Astec dividends in Astec stock held in the SERP.