AI assistant
AZZ INC — Director's Dealing 2017
Mar 4, 2017
31310_dirs_2017-03-03_2d8c842e-b549-4d26-97c9-411c13e91b01.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2017-03-01
Reporting Person: Bacius Chris M. (VP, Corporate Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | COMMON STOCK | M | 330 | — | Acquired | 4607 | Direct |
| 2017-03-01 | COMMON STOCK | F | 108 | $60.55 | Disposed | 4499 | Direct |
| 2017-03-01 | COMMON STOCK | M | 6 | — | Acquired | 4505 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-01 | Restricted Stock Units | $ | M | 330 | Disposed | COMMON STOCK (330.0) | Direct | |
| 2017-03-01 | Dividend Equivalent Rights | $ | M | 6 | Disposed | COMMON STOCK (6.0) | Direct |
Footnotes
F1: Shares disposed of represent withholding to satisfy a tax obligation upon the vesting of 330 restricted stock units ("RSUs") and associated dividend equivalent rights.
F2: Each RSU represents a contingent right to receive one share of AZZ common stock.
F3: The RSUs awarded on 9/2/2014 shall vest over a three-year period with one-third of the RSUs vesting on each of the first, second and third anniversaries beginning March 1, 2015.
F4: Once vested, the shares of common stock are not subject to expiration.
F5: Dividend equivalent rights accrued upon the vesting of shares of RSUs granted on 9/2/2014.