SEC Form 4 · accession 0000008947-16-000283
AZZ INC · AZZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Ferguson
Officer — President and CEO · Director
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 4:38 pm EST
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 | Nov 4, 2016 | M | 5,000 | — | A | 34,276 | D | |
| COMMON STOCK | Nov 4, 2016 | F | 1,367 | $52.65 | D | 32,909 | 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,F3 | — | Nov 4, 2016 | M | 5,000 | D | — | — | COMMON STOCK $1.00 PAR VALUE | 5,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
- F2The reporting person disposed of 1,367 shares of common stock solely to satisfy tax withholding obligations.
- F3On November 4, 2013, the reporting person was granted 15,000 RSUs under the Issuer's Amended and Restated 2005 Long-Term Incentive Plan, vesting in three equal annual installments beginning on the first anniversary of the grant date.