0000008947-24-000100.txt : 20240508
0000008947-24-000100.hdr.sgml : 20240508
20240508164633
ACCESSION NUMBER: 0000008947-24-000100
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240504
FILED AS OF DATE: 20240508
DATE AS OF CHANGE: 20240508
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stovall Bryan Lee
CENTRAL INDEX KEY: 0001451101
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12777
FILM NUMBER: 24927034
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]
ORGANIZATION NAME: 04 Manufacturing
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
wk-form4_1715201178.xml
FORM 4
X0508
4
2024-05-04
0
0000008947
AZZ INC
AZZ
0001451101
Stovall Bryan Lee
ONE MUSEUM PLACE SUITE 500
3100 WEST 7TH STREET
FORT WORTH
TX
76107
0
1
0
0
COO - Metal Coatings
0
COMMON STOCK
2024-05-04
4
M
0
1221
0
A
31158
D
COMMON STOCK
2024-05-04
4
M
0
52
0
A
31210
D
COMMON STOCK
2024-05-04
4
F
0
435
75.02
D
30775
D
COMMON STOCK
2024-05-04
4
M
0
3272
0
A
34047
D
COMMON STOCK
2024-05-04
4
M
0
140
0
A
34187
D
COMMON STOCK
2024-05-04
4
F
0
1103
75.02
D
33084
D
Restricted Stock Units
2024-05-04
4
M
0
1221
0
D
COMMON STOCK
1221
0
D
Performance Share Units
2024-05-04
4
M
0
3272
0
D
COMMON STOCK
3272
0
D
Represents the vesting of dividend equivalent rights that accrued on 1,221 restricted stock units ("RSUs") granted on 5/4/2021, which AZZ has settled in shares of AZZ common stock.
The reporting person disposed of shares of common stock to satisfy tax withholding obligations.
Pursuant to Issuers 2014 Long Term Incentive Plan, as amended, should the vesting date fall on a weekend, the closing price shall be the last trading day prior to the vesting date.
Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 2,442 granted on 5/4/2021, which AZZ has settled in shares of AZZ common stock.
Each RSU represents a contingent right to receive one share of AZZ common stock.
The RSUs granted on 5/4/2021, vest ratably over a 3-year period beginning on 5/4/2022.
Once vested, the shares of common stock are not subject to expiration.
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 5/4/2021. This number represents 2,442 target PSUs and 830 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle.
The PSUs were granted under Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2021- 2/29/2024).
Pursuant to New York Stock Exchange (NYSE) rules, in the event a vesting date of RSUs falls on a weekend or holiday, the affected RSUs will vest on the next following NYSE business day.
/s/ Tara D. Mackey, attorney-in-fact for Bryan L. Stovall
2024-05-08