0000008947-21-000089.txt : 20210520 0000008947-21-000089.hdr.sgml : 20210520 20210520181110 ACCESSION NUMBER: 0000008947-21-000089 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210518 FILED AS OF DATE: 20210520 DATE AS OF CHANGE: 20210520 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bacius Chris M. CENTRAL INDEX KEY: 0001648393 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12777 FILM NUMBER: 21945882 MAIL ADDRESS: STREET 1: ONE MUSEUM PLACE, SUITE 500 STREET 2: 3100 W. 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76107 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_162154865329923.xml FORM 4 X0306 4 2021-05-18 0 0000008947 AZZ INC AZZ 0001648393 Bacius Chris M. ONE MUSEUM PLACE, SUITE 500 3100 WEST 7TH STREET FORT WORTH TX 76107 0 1 0 0 VP, Corporate Development COMMON STOCK 2021-05-18 4 M 0 893 0 A 13247 D COMMON STOCK 2021-05-18 4 M 0 43 0 A 13290 D COMMON STOCK 2021-05-18 4 F 0 227 54.04 D 13063 D COMMON STOCK 2021-05-18 4 M 0 3427 0 A 16490 D COMMON STOCK 2021-05-18 4 M 0 166 0 A 16656 D COMMON STOCK 2021-05-18 4 F 0 874 54.04 D 15782 D Restricted Stock Units 2021-05-18 4 M 0 893 0 D COMMON STOCK 893.0 0 D Performance Share Units 2021-05-18 4 M 0 3427 0 D COMMON STOCK 3427.0 0 D Represents the vesting of dividend equivalent rights that accrued on 893 restricted stock units ("RSUs") granted on 5/18/2018, which AZZ has settled in shares of AZZ common stock. The reporting person disposed of 227 shares of common stock to satisfy tax withholding obligations on the vesting of 936 RSUs and dividend equivalents. Represents the number of shares acquired by the reporting person upon the vesting of performance share units ("PSUs") granted on 5/18/2018. This number represents 2,678 target PSUs and 749 additional PSUs earned based upon the achievement of 128% of pre-established performance goals during the performance cycle. Represents the vesting of dividend equivalent rights that accrued on the target PSUs of 2,678 granted on 5/18/2018, which AZZ has settled in shares of AZZ common stock. The reporting person disposed of 874 shares of common stock to satisfy tax withholding obligations on the vesting of 3,593 PSUs and dividend equivalents. Each RSU represents a contingent right to receive one share of AZZ common stock. The RSUs were granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan")and vest over a 3-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date which was 5/18/2018. Once vested, the shares of AZZ common stock are not subject to expiration. The PSUs represent a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results. The PSUs were granted under the 2014 Plan and had a three-year performance cycle (3/1/2018 - 2/28/21) and vested upon the achievement of certain pre-established performance goals. /s/ Tara D. Mackey, attorney-in-fact for Chris M. Bacius 2021-05-20