4//SEC Filing
WRIGHT PHILLIP D 4
Accession 0001437749-20-014479
CIK 0000353020other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 2:37 PM ET
Size
8.4 KB
Accession
0001437749-20-014479
Insider Transaction Report
Form 4
Aegion CorpAEGN
WRIGHT PHILLIP D
Director
Transactions
- Award
Common Stock
2020-07-01+1,523→ 68,878 total - Award
Common Stock
2020-06-30+1,535→ 67,355 total
Holdings
- 10,000(indirect: Individual Retirement Account)
Common Stock
Footnotes (2)
- [F1]Represents Deferred Stock Units ("DSUs") granted in lieu of the reporting person's 2020 second quarter cash retainer. Due to COVID-19, the issuer postponed the payment of the 2020 second quarter retainer to June 30, 2020, which would have been paid on April 1, 2020, and granted DSUs in lieu of cash. The DSUs equal the reporting person's second quarter retainer divided by the June 30, 2020 closing price of the issuer's common stock. Each DSU represents the issuer's obligation to transfer one share of the issuer's common stock, in accordance with the applicable DSU agreement. The DSUs were granted under the issuer's Non-Employee Director Equity Plan. 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 the issuer's common stock equal to the number of DSUs granted.
- [F2]Represents Deferred Stock Units ("DSUs") granted in lieu of the reporting person's 2020 third quarter cash retainer. The DSUs equal the reporting person's quarterly retainer fee divided by the July 1, 2020 closing price of the issuer's common stock. Each DSU represents the issuer's obligation to transfer one share of 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. 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 issuer's common stock equal to the number of DSUs reflected in the reporting person's account at such time.
Documents
Issuer
Aegion Corp
CIK 0000353020
Entity typeother
Related Parties
1- filerCIK 0001216708
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 2:37 PM ET
- Size
- 8.4 KB