0000008947-23-000026.txt : 20230301
0000008947-23-000026.hdr.sgml : 20230301
20230301165335
ACCESSION NUMBER: 0000008947-23-000026
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230301
DATE AS OF CHANGE: 20230301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FERGUSON THOMAS E
CENTRAL INDEX KEY: 0001208749
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12777
FILM NUMBER: 23694541
MAIL ADDRESS:
STREET 1: ONE MUSEUM PLACE, SUITE 500
STREET 2: 3100 WEST 7TH STREET
CITY: FORT WORTH
STATE: TX
ZIP: 76107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AZZ INC
CENTRAL INDEX KEY: 0000008947
STANDARD INDUSTRIAL CLASSIFICATION: COATING, ENGRAVING & ALLIED SERVICES [3470]
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
5
1
wf-form5_167770759111426.xml
FORM 5
X0306
5
2023-02-28
0
0
1
0000008947
AZZ INC
AZZ
0001208749
FERGUSON THOMAS E
ONE MUSEUM PLACE, SUITE 500
3100 WEST 7TH STREET
FORT WORTH
TX
76107
1
1
0
0
President and CEO
Performance Share Units
2022-05-09
4
A
0
L
19916
0
A
COMMON STOCK
19916.0
19916
D
Restricted Stock Units
2022-05-09
4
A
0
L
23899
0
A
COMMON STOCK
23899.0
23899
D
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 (March 1, 2022 - February 28, 2025). The FY2023 PSU performance metric is AZZ's Total Shareholder Return ("TSR") relative to its industry peer group. The maximum payout for the FY2023 PSUs is not to exceed 200%.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
The RSUs are granted under the AZZ Inc. Long Term Incentive 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 5/9/2023.
Once vested, the shares of common stock are not subject to expiration.
The transactions above were not timely reported due to an inadvertent administrative error and were filed as soon as the error was discovered.
/s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
2023-03-01