Form 4 for AZZ AZZ INC
Accepted 2022-11-02 00:00:00 ET · period of report 2022-11-01 · accession 0000008947-22-000177 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-02 | 2022-11-01 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | +10.4K | 31.9K | +49% | $0 |
| D | 2022-11-02 | 2022-11-01 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | F - Tax | $40.56 | -3,517 | 28.4K | -11% | -$142.6K |
| D | 2022-11-02 | 2022-11-01 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | -10.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | COMMON STOCK | 2022-11-01 | M | A | 10,000 | $0.00 | 31,497 | D | — | — | |
| 2 | Common | COMMON STOCK | 2022-11-01 | F | D | 3,517 | $40.56 | 28,418 | D | — | — | (F2) The reporting person disposed of 3,517 shares of common stock to satisfy tax withholding obligations. |
| 3 | Common | COMMON STOCK | 2022-11-01 | M | A | 438 | $0.00 | 31,935 | D | — | — | (F1) Represents the vesting of dividend equivalent rights accrued on 10,000 restricted stock units ("RSUs") granted on January 14, 2020, which AZZ has elected to pay in shares of AZZ common stock. |
| 4 | Derivative | Restricted Stock Units | 2022-11-01 | M | D | 10,000 | $0.00 | 0 | D | — · — to — | 10,000 COMMON STOCK | (F3) Each RSU represents a contingent right to receive one share of AZZ common stock. (F4) The Reporting Person received a special one-time equity award of 10,000 RSUs on January 14, 2020 to cliff-vest in full on November 1, 2022. (F5) Once vested, the shares of common stock are not subject to expiration. |