SEC Form 4 · accession 0000008947-16-000207
AZZ INC · AZZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Kirk Downey
Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 4:39 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 STOCK | Apr 29, 2016 | M | 454 | $45.36 | A | 15,621 | D | |
| COMMON STOCK | Apr 29, 2016 | M | 534 | $43.92 | A | 16,155 | D | |
| COMMON STOCKF1 | Apr 29, 2016 | S | 186 | $54.96 | D | 15,969 | D | |
| COMMON STOCKF1 | Apr 29, 2016 | S | 3,564 | $54.56 | D | 12,405 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK APPRECIATION RIGHTSF2 | $45.36 | Apr 29, 2016 | A | 454 | A | — | Mar 1, 2020 | COMMON STOCK | 454 | 0 | D |
| STOCK APPRECIATION RIGHTSF3 | $43.92 | Apr 29, 2016 | A | 534 | A | — | Mar 1, 2021 | COMMON STOCK | 534 | 535 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price.
- F2The stock appreciation rights ("SARs") granted on 3/1/2013 vested ratably over a three-year period with one-third of the SARs vesting on each of the first, second and third anniversaries beginning on 3/1/2014.
- F3The SARs granted on 3/1/2014 vested ratably over a three-year period with one-third of the SARs vesting on each of the first, second and third anniversaries beginning on 3/1/2015.