Anshu Pasricha - 19 Jul 2021 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role
GC and Corp Secretary
Signature
/s/ Anshu Pasricha
Issuer symbol
ASTE
Transactions as of
19 Jul 2021
Net transactions value
$0
Form type
4
Filing time
21 Jul 2021, 16:57:04 UTC
Next filing
02 Sep 2021
SEC
View on sec.gov

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 +145 +97% $0.000000 293 19 Jul 2021 Common Stock 145 Direct F1, F2, F3
* 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.