UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 30, 2020

ASTEC INDUSTRIES INC
 (Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
Tennessee
 
001-11595
 
62-0873631
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)

1725 SHEPHERD ROAD
CHATTANOOGA, Tennessee 37421
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (423) 899-5898

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock
ASTE
The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 
Item 5.07.  Submission of Matters to a Vote of Security Holders

Astec Industries, Inc. (the Company) held its Annual Meeting of Shareholders on April 30, 2020.  The following is a summary of the matters voted on at the meeting:

(a)  The results of the voting for the election of four directors in Class I to each serve a three-year term were as follows:

 
 
For
 
 
Withheld
 
 
Broker
 Non-Votes
 
William D. Gehl
 
 
19,607,482
 
 
 
674,141
 
 
 
1,568,752
 
William G. Dorey
 
 
19,951,974
 
 
 
329,649
 
 
 
1,568,752
 
Charles F. Potts
 
 
19,662,703
 
 
 
618,920
 
 
 
1,568,752
 
Barry A. Ruffalo
   
19,930,813
     
350,810
     
1,568,752
 

(b)  The results of the voting on a non-binding resolution to approve the compensation of the Company’s executive officers were as follows:

Votes For
 
Votes Against
 
Abstain
 
Broker
 Non-Votes
19,754,145
 
487,445
 
40,033
 
1,568,752
 
 (c)  The results of the voting for the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year 2020 were as follows:

Votes For
 
Votes Against
 
Abstain
   
 
 21,753,736
 
85,514
 
11,125
   
 

 
Item 8.01.  Other Events
On April 30, 2020, the Board of Directors of Astec Industries, Inc. (the “Company”) declared a quarterly cash dividend of eleven cents ($0.11) per share of Company common stock to be paid on or after May 28, 2020 to the Company’s common shareholders of record as of May 14, 2020.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
Date: May 4, 2020
ASTEC INDUSTRIES, INC.
 
 
By:/s/ Stephen C Anderson       
Stephen C. Anderson
Secretary and Sr. Vice President Administration
 




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