SEC Form 5 · accession 0000008947-15-000027
AZZ INC · AZZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dana Perry
Director
Period of report
Feb 28, 2015
Accepted (ET)
Mar 20, 2015 · 12:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008947
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 31, 2014 | M | 3,321 | — | A | 500,562 | D | |
| COMMON STOCKF1 | May 31, 2014 | M | 3,206 | — | A | 503,768 | D | |
| COMMON STOCKF2,F1 | May 31, 2014 | M | 5,354 | — | A | 509,122 | D | |
| COMMON STOCK | May 31, 2014 | F | 4,437 | $44.51 | D | 504,685 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | May 31, 2014 | M | 3,321 | D | — | — | COMMON STOCK | 3,321 | 3,321 | D |
| Restricted Stock UnitsF1,F5 | — | May 31, 2014 | M | 3,206 | D | — | — | COMMON STOCK | 3,206 | 3,206 | D |
| Restricted Stock UnitsF2,F1,F6 | — | May 31, 2014 | M | 5,354 | D | — | — | COMON STOCK | 5,354 | 5,354 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2This grant was previously reported as 2,677 RSUs, but has been adjusted to reflect the 2-for-1 stock split that occurred on June 28, 2012.
- F3The reporting person disposed of 4,437 shares of common stock to satisfy tax withholding obligations.
- F4In connection with the reporting person's retirement as an employee of the Issuer, RSUs awarded to the reporting person on March 7, 2013 under the Amended and Restated AZZ incorporated 2005 Long Term Incentive Plan (the "2005 Plan") were accelerated to be fully vested.
- F5In connection with the reporting person's retirement as an employee of the Issuer, RSUs awarded to the reporting person on March 3, 2014 under the 2005 Plan were accelerated to be fully vested.
- F6In connection with the reporting person's retirement as an employee of the Issuer, RSUs awarded to the reporting person on March 1, 2012 under the 2005 Plan were accelerated to be fully vested.