SEC Form 4 · accession 0001437749-18-012920
Aegion Corp · AEGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip D Wright
Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 3:56 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 | Jul 1, 2018 | A | 942 | $0.00 | A | 27,111 | D | |
| Common Stock | holding | — | — | — | 18,106 | D | ||
| Common Stock | holding | — | — | — | 10,000 | I | Individual Retirement Account |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Deferred Stock Units ("DSUs") were granted in lieu of the reporting person's 2018 third quarter cash retainer. The DSUs equal the reporting person's quarterly retainer fee divided by the June 29, 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.