AZZ INC — Director's Dealing 2011

Mar 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2011-03-21

Reporting Person: WATSON CLEMENT H (VP SALES & MARKETING)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-21	COMMON STOCK	M	6740	$35.88	Acquired	11645	Direct
2011-03-21	COMMON STOCK	D	5700	$46.30	Disposed	5945	Direct
2011-03-21	COMMON STOCK	M	1439	$18.12	Acquired	7384	Direct
2011-03-21	COMMON STOCK	D	839	$46.30	Disposed	6545	Direct
2011-03-21	COMMON STOCK	M	1326	$31.67	Acquired	7871	Direct
2011-03-21	COMMON STOCK	D	1039	$46.30	Disposed	6832	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-21	STOCK APPRECIATION RIGHTS	$35.88	M	6740	Disposed	2011-04-29	COMMON STOCK (6740)	Direct
2011-03-21	STOCK APPRECIATION RIGHTS	$18.12	M	1439	Disposed	2016-03-02	COMMON STOCK (1439)	Direct
2011-03-21	STOCK APPRECIATION RIGHTS	$31.67	M	1326	Disposed	2017-03-01	COMMON STOCK (1326)	Direct