AZZ INC — Director's Dealing 2021

Oct 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2021-10-16

Reporting Person: Schlom Philip A (SVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-16	COMMON STOCK	M	1500	—	Acquired	4693	Direct
2021-10-16	COMMON STOCK	M	22	—	Acquired	4715	Direct
2021-10-16	COMMON STOCK	F	370	$53.29	Disposed	4345	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-16	Restricted Stock Units	$	M	1500	Disposed		COMMON STOCK (1500.0)	Direct

Footnotes

F1: Represents the vesting of dividend equivalent rights accrued on 1,500 restricted stock units ("RSUs") granted on October 16, 2020. These dividend equivalent rights vest when, and if, the underlying RSUs vest.

F2: Mr. Schlom disposed of 370 shares of common stock to satisfy tax withholding obligations.

F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.

F4: Mr. Schlom was granted a special one-time equity award of 1,500 RSUs that vest in full on October 16, 2021.

F5: Once vested, the shares of common stock are not subject to expiration.