Page 2 - ESPP Plan Summary
P. 2
Aegion Corporation
Employee Stock Purchase Plan
Plan Summary
Eligibility Employees of Aegion Corporation and its domestic subsidiaries customarily
employed for more than five months in a calendar year and regularly
scheduled to work twenty hours or more per week. Members of collective
bargaining units are included unless participation is declined on behalf of
such members by their bargaining representative.
Custodian American Stock Transfer and Trust Company Equity Plan Solutions (AST).
Participant You may elect to contribute up to 10% of your base pay, commissions and
Contributions overtime in whole percentages. Contributions are made on an after-tax basis
through payroll deduction. The minimum is $5 per week ($20 per month) and
maximum of $25,000 per year. You can elect to change your level of
contributions once per calendar quarter. Your contributions will be deposited
into a non-interest bearing account until stock is purchased.
Stock Purchases As of the last business day of the each month, the Custodian will apply your
accumulated contributions to purchase shares of Aegion Class A common
stock at 95% of the fair market value of the stock and allocate whole and
fractional shares to your account. Any dividends paid will automatically be
reinvested in your account.
Administrative Commissions and most broker fees relating to purchases of shares and
and Broker Fees administration of the program will be paid by Aegion. If you elect to sell
your shares that you acquire under the program for cash through AST, you
will be charged a $15.00 transaction fee and $.10 per share sales commission.
There is no fee if you request distribution of a share certificate rather than
cash.
Share Price The trading price of Aegion’s common stock is volatile and subject to
fluctuations in price in response to various factors, many of which are
beyond Aegion’s control. Employees assume the risk of fluctuations in the
price of stock purchased under the program.
Distributions AST will hold the stock purchased under the Plan until you request a
distribution. Stock may not be distributed to you for one year after it is
purchased; provided, that stock acquired from dividends credited to your
account may be distributed to you at any time. You may request a
withdrawal of your whole shares after that time by going to the AST website
or calling their Customer Service Center.
You can access your account through the following steps:
If you are an existing user and have registered and set up a security profile
previously (but after December 2014):
Log on to www.astepsdiv.com
Select Participant Access
Enter your Unique ID and click “Continue”
