AZZ INC — Director's Dealing 2014

May 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2014-04-30

Reporting Person: Hegedus Peter A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-30	COMMON STOCK	M	908	$25.67	Acquired	24057	Direct
2014-04-30	COMMON STOCK	D	525	$44.43	Disposed	23532	Direct
2014-04-30	COMMON STOCK	M	1106	$20.905	Acquired	24638	Direct
2014-04-30	COMMON STOCK	D	520	$44.43	Disposed	24118	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-30	STOCK APPRECIATION RIGHTS	$25.67	M	908	Disposed	2019-03-01	COMMON STOCK (908.0)	Direct
2014-04-30	STOCK APPRECIATION RIGHTS	$20.905	M	1106	Disposed	2018-03-01	COMMON STOCK (1106.0)	Direct