GALVIN WALTER J 4
4 · Aegion Corp · Filed Oct 3, 2018
Insider Transaction Report
Form 4
Aegion CorpAEGN
GALVIN WALTER J
Director
Transactions
- Award
Deferred Stock Units
2018-10-01+971→ 41,490 total
Holdings
- 12,000
Common Stock
Footnotes (1)
- [F1]The Deferred Stock Units ("DSUs") were granted in lieu of the reporting person's 2018 fourth quarter cash retainer. The DSUs equal the reporting person's quarterly retainer fee divided by the October 1, 2018 closing price of the issuer's common stock. Each DSU represents the issuer's obligation to transfer one share of Class A common stock, $0.01 par value per share ("Common Stock"), in accordance with the terms of the deferred stock unit agreement pursuant to which the DSUs were granted. The DSUs were granted under the issuer's Non-Employee Director Equity Plan and are immediately vested upon grant. Promptly following termination of the reporting person's service on the issuer's Board of Directors or at the reporting person's election of a specified distribution date, the issuer will distribute to the reporting person shares of Common Stock equal to the number of DSUs reflected in the reporting person's account at such time.