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

Reporting relationship: SVP and CHRO
Issuer ticker: ASTE
Reported as of: 19 Jul 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Jul 2021, 16:54:51 UTC
Next SEC filing: 20 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Anshu Pasricha, attorney-in-fact for Reuben Srinivasan

Key filing fact

Reuben Srinivasan filed Form 4 for ASTEC INDUSTRIES INC (ASTE) on 21 Jul 2021.

Key facts

This page summarizes Reuben Srinivasan's Form 4 filing for ASTEC INDUSTRIES INC (ASTE).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 21 Jul 2021, 16:54.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASTE transaction Derivative

Phantom Stock

Award

Transaction value: $0
Shares: +128
Change %: +34%
Price: $0.000000
Shares after: 509
Date: 19 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 128
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

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