Filing Details
- Accession Number:
- 0000008947-17-000104
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-12 17:31:36
- Reporting Period:
- 2017-07-11
- Filing Date:
- 2017-07-12
- Accepted Time:
- 2017-07-12 17:31:36
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
8947 | Azz Inc | AZZ | Electric Lighting & Wiring Equipment (3640) | 750948250 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1601686 | Wesley Paul Fehlman | One Museum Place, Suite 500 3100 West 7Th Street Fort Worth TX 76107 | Svp & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-07-11 | 1,500 | $49.31 | 9,287 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Acquisiton | 2017-07-11 | 765 | $0.00 | 765 | $0.00 |
Common Stock | Performance Share Units | Acquisiton | 2017-07-11 | 765 | $0.00 | 765 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
765 | No | 4 | A | Direct | ||
765 | No | 4 | A | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price.
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
- The RSUs are granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and vest over a three-year period with one-third of the RSUs vesting on 4/27/2018 4/27/2019 and 4/27/2020.
- 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.
- The PSUs are issued under AZZ's 2014 Plan. The PSUs will vest and become payable, if at all, on February 29, 2020, ranging from 0% to 200% based on AZZ achieving a target average adjusted return on assets from March 1, 2017 to February 29, 2020. Actual payout will be subject to a multiplier up to a maximum of 250% of the target award if AZZ's total shareholder return for the 3-year period ranks within the top quartile relative to each company in a custom industry peer group for the same period.