AZZ INC — Director's Dealing 2018

Feb 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2018-02-26

Reporting Person: FEEHAN DANIEL R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-26	COMMON STOCK	M	3318	$20.91	Acquired	64288	Direct
2018-02-26	COMMON STOCK	D	1614	$43	Disposed	62674	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-26	STOCK APPRECIATION RIGHTS	$	M	3318	Disposed		COMMON STOCK (3318.0)	Direct

Footnotes

F1: This transaction was a cashless exercise of a 2011 stock appreciation right ("SAR") award. This was not an open market transaction.

F2: Conversioin of SARs, which are settled in shares of AZZ common stock in an amount equal to the excess value of the grant date price ($20.91) over the exercise price ($43.00).

F3: On March 1, 2011 the reporting person was granted SARs, which vested ratably over a 3-year period beginning on March 1, 2012.

F4: The SARs granted on March 1, 2011 have an expiration date of March 1, 2018.