SEC Form 4 · accession 0000008947-17-000016
AZZ INC · AZZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel E Berce
Director
Period of report
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 4:44 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 | Feb 24, 2017 | M | 4,764 | $15.835 | A | 58,446 | D | |
| COMMON STOCK | Feb 24, 2017 | F | 1,266 | $59.60 | D | 57,180 | 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 | $15.835 | Feb 24, 2017 | M | 4,764 | D | — | Mar 1, 2017 | COMMON STOCK | 4,764 | 4,764 | D |
Explanation of responses
- F1This transaction was a cashless exercise of a 2010 stock appreciation right ("SAR") award.
- F2On 3/1/2010, the reporting person was granted SARs, which vested ratably over a 3-year period beginning on 3/1/2011.