Aegion (AEGN) executive Young received 9,909 shares

Insider transactions reported

Kenneth L Young (executive at Aegion Corp, AEGN) reported that they received 9,909 shares, and returned to the company 36,909 shares on May 17, 2021. After these transactions the filing shows 0 shares held directly.

Reporting person

Young Kenneth L

Holdings before and after

• Common Stock: 27,000 to 0 direct

Footnotes from the filing

1. 1. Represents shares of Common Stock (each, a Share ), par value $0.01 per share, of Aegion Corporation (the Company ) that are subject to performance units ( PUs ). On May 17, 2021, Carter Acquisition, Inc., a Delaware corporation ( Merger Sub ) and a wholly-owned subsidiary of Carter Intermediate, Inc., a Delaware corporation ( Parent ), merged with and into the Company, with the Company continuing as the surviving corporation (the Merger ), pursuant to the previously announced Agreement and Plan of Merger, dated February 16, 2021 and amended on March 13, 2021 and April 13, 2021 (the Merger Agreement ) among Parent, Merger Sub and the Company. Pursuant to the Merger Agreement, each PU outstanding immediately prior to the consummation of the Merger became fully vested based on the greater of target and actual performance (as applicable).
2. 2. At the effective time of the Merger: (a) each outstanding Share was cancelled and thereafter entitled the Reporting Person to receive $30 in cash without interest and less any applicable tax withholdings (the Merger Consideration ) and (b) each restricted stock unit, PU, and deferred stock unit (each a Stock Unit ) outstanding immediately prior to the consummation of the Merger became fully vested (to the extent unvested) and was canceled and converted into the right to receive, for each Share subject to such then-vested Stock Unit, the Merger Consideration.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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