GALVIN WALTER J 4
4 · Aegion Corp · Filed Oct 2, 2020
Insider Transaction Report
Form 4
Aegion CorpAEGN
GALVIN WALTER J
Director
Transactions
- Award
Common Stock
2020-10-01+1,685→ 127,518 total
Footnotes (1)
- [F1]Represents Deferred Stock Units ("DSUs") granted in lieu of the reporting person's 2020 fourth quarter cash retainer. The DSUs equal the reporting person's quarterly retainer fee divided by the October 1, 2020 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.