0000008947-22-000064.txt : 20220524 0000008947-22-000064.hdr.sgml : 20220524 20220524184317 ACCESSION NUMBER: 0000008947-22-000064 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220522 FILED AS OF DATE: 20220524 DATE AS OF CHANGE: 20220524 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: 22958461 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_165343218013924.xml FORM 4 X0306 4 2022-05-22 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 2022-05-22 4 M 0 3979 0 A 22699 D COMMON STOCK 2022-05-22 4 M 0 191 0 A 22890 D COMMON STOCK 2022-05-22 4 F 0 1348 43.43 D 21542 D COMMON STOCK 2022-05-22 4 M 0 862 0 A 22404 D COMMON STOCK 2022-05-22 4 M 0 41 0 A 22445 D COMMON STOCK 2022-05-22 4 F 0 291 43.43 D 22154 D Performance Share Units 2022-05-22 4 M 0 3979 0 D COMMON STOCK 3979.0 0 D Restricted Stock Units 2022-05-22 4 M 0 862 0 D COMMON STOCK 862.0 0 D Represent the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 2,584 granted on 5/22/2019, which AZZ has settled in shares of AZZ common stock. The reporting person disposed of 1,348 shares of common stock to satisfy tax withholding obligations. Represents the vesting of dividend equivalent rights accrued on 862 restricted stock units ("RSUs") granted on 5/22/2019, which AZZ has elected to pay in shares of AZZ common stock. The reporting person disposed of 291 shares of common stock to satisfy tax withholding obligations. Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results. Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/22/2019. This number represents 2,584 target PSUs and 1,395 additional PSUs earned based upon the achievement of 154% of pre-established performance goals during the performance cycle. The PSUs were granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and had a three-year performance cycle (3/1/2019- 2/28/2022). Once vested, the shares of common stock are not subject to expiration. Each RSU represents a contingent right to receive one share of AZZ common stock. The RSUs were 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, which was 5/22/2019. /s/ Tara D. Mackey, attorney-in-fact for Chris M. Bacius 2022-05-24