0000008947-15-000046.txt : 20150429
0000008947-15-000046.hdr.sgml : 20150429
20150429171732
ACCESSION NUMBER: 0000008947-15-000046
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150427
FILED AS OF DATE: 20150429
DATE AS OF CHANGE: 20150429
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AZZ INC
CENTRAL INDEX KEY: 0000008947
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
IRS NUMBER: 750948250
STATE OF INCORPORATION: TX
FISCAL YEAR END: 0228
BUSINESS ADDRESS:
STREET 1: ONE MUSEUM PLACE, SUITE 500
STREET 2: 3100 W 7TH STREET
CITY: FORT WORTH
STATE: TX
ZIP: 76107
BUSINESS PHONE: 8178100095
MAIL ADDRESS:
STREET 1: ONE MUSEUM PLACE, SUITE 500
STREET 2: 3100 W 7TH STREET
CITY: FORT WORTH
STATE: TX
ZIP: 76107
FORMER COMPANY:
FORMER CONFORMED NAME: AZTEC MANUFACTURING CO
DATE OF NAME CHANGE: 20000911
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fehlman Paul Wesley
CENTRAL INDEX KEY: 0001601686
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12777
FILM NUMBER: 15814008
MAIL ADDRESS:
STREET 1: ONE MUSEUM PLACE, SUITE 500
STREET 2: 3100 WEST 7TH STREET
CITY: FORT WORTH
STATE: TX
ZIP: 76107
4
1
wf-form4_143034224226159.xml
FORM 4
X0306
4
2015-04-27
0
0000008947
AZZ INC
AZZ
0001601686
Fehlman Paul Wesley
ONE MUSEUM PLACE, SUITE 500
3100 WEST 7TH STREET
FORT WORTH
TX
76107
0
1
0
0
SVP & CFO
Restricted Stock Units
2015-04-27
4
A
0
2845
0
A
COMMON STOCK
2845.0
6051
D
Performance Share Units
2015-04-27
4
A
0
2845
0
A
COMMON STOCK
2845.0
2845
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
The RSUs are granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and vest over a three year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date.
Each Performance Share Unit ("PSU") represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results. The number of PSUs reported reflects the target award amount.
The PSUs are issued under AZZ's 2014 Plan. The PSUs will vest and become payable, if at all, on the third anniversary from the date of grant, ranging from 0% to 200% based on AZZ achieving a 8.5% target average adjusted return on assets from March 1, 2015 to February 28, 2018. Actual payout will be subject to a multiplier up to a maximum of 250% of the target award if AZZ's total shareholder return for the three year period ranks within the top quartile relative to each company in a custom industry peer group for the same period.
/s/ Tara D. Mackey, attorney-in-fact for Paul W. Fehlman
2015-04-29