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