0000008947-21-000073.txt : 20210506 0000008947-21-000073.hdr.sgml : 20210506 20210506170344 ACCESSION NUMBER: 0000008947-21-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210504 FILED AS OF DATE: 20210506 DATE AS OF CHANGE: 20210506 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schlom Philip A CENTRAL INDEX KEY: 0001472030 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12777 FILM NUMBER: 21898807 MAIL ADDRESS: STREET 1: C/O PARKER DRILLING COMPANY STREET 2: 5 GREENWAY PLAZA, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77046 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 4 1 wf-form4_162033500612784.xml FORM 4 X0306 4 2021-05-04 0 0000008947 AZZ INC AZZ 0001472030 Schlom Philip A ONE MUSEUM PLACE 3100 W. 7TH STREET, SUITE 500 FORT WORTH TX 76107 0 1 0 0 VP, Chief Accounting Officer COMMON STOCK 2021-05-04 4 M 0 1359 0 A 2810 D COMMON STOCK 2021-05-04 4 M 0 26 0 A 2836 D COMMON STOCK 2021-05-04 4 F 0 337 53.51 D 2499 D Restricted Stock Units 2021-05-04 4 M 0 1359 0 D COMMON STOCK 1359.0 2719 D Restricted Stock Units 2021-05-04 4 A 0 3038 0 A COMMON STOCK 3038.0 3038 D Performance Share Units 2021-05-04 4 A 0 3038 0 A COMMON STOCK 3038.0 3038 D Represents the vesting of dividend equivalent rights accrued on 1,359 restricted stock units ("RSUs") granted on 5/4/2020, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. The reporting person disposed of 337 shares of common stock to satisfy tax withholding obligations. Each RSU represents a contingent right to receive one share of AZZ common stock. The RSUs are granted under 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 beginning on 5/4/2021. Once vested, the shares of common stock are not subject to expiration. The RSUs are granted under 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 beginning on 5/4/2022. 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. Represents 100% of the target number of PSUs that could be earned at the end of the 3-year performance cycle. The FY2022 PSU performance metric is AZZ's Total Shareholder Return ("TSR") relative to its industry peer group. The maximum payout for the FY2022 PSUs is not to exceed 200%. /s/Tara D. Mackey, attorney-if-fact for Philip A. Schlom 2021-05-06