SEC Form 4 · accession 0001437749-17-005901
Aegion Corp · AEGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter J Galvin
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 2:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000353020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | Mar 31, 2017 | A | 884 | $0.00 | A | 26,654 | D | |
| Common Stock | holding | — | — | — | 12,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of Deferred Stock Units ("DSUs") in lieu of cash retainer for board and committee service during the second quarter of 2017. 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 undersigned's service on the issuer's Board of Directors or, at the undersigned's election, a specified distribution date, the issuer will distribute to the undersigned shares of Common Stock equal to the number of DSUs reflected in the undersigned's account at such time.