Form 4 for AZZ AZZ INC
Accepted 2023-05-11 00:00:00 ET · period of report 2023-05-09 · accession 0000008947-23-000081 · 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 | 2023-05-11 | 2023-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | +2,122 | 34.4K | +7% | $0 |
| D | 2023-05-11 | 2023-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | F - Tax | $35.55 | -686 | 33.7K | -2% | -$24.4K |
| D | 2023-05-11 | 2023-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | -2,097 | 4,196 | -33% | $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 | 2023-05-09 | M | A | 2,097 | $0.00 | 34,395 | D | — | — | |
| 2 | Common | COMMON STOCK | 2023-05-09 | F | D | 686 | $35.55 | 33,734 | D | — | — | (F2) The reporting person disposed of common stock to satisfy tax withholding obligations. |
| 3 | Common | COMMON STOCK | 2023-05-09 | M | A | 25 | $0.00 | 34,420 | D | — | — | (F1) Represents the vesting of dividend equivalent rights on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has elected to pay in shares of AZZ common stock. |
| 4 | Derivative | Restricted Stock Units | 2023-05-09 | M | D | 2,097 | $0.00 | 4,196 | D | — · — to — | 2,097 COMMON STOCK | (F3) Each RSU represents a contingent right to receive one share of AZZ common stock. (F4) The RSUs granted on 5/9/2022, vest ratably over a three-year period beginning on 5/9/2023. (F5) Once vested, the shares of common stock are not subject to expiration. |