SEC Form 4 · accession 0000008947-17-000026
AZZ INC · AZZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tara D Mackey
Officer — Chief Legal Officer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 2, 2017 · 6:27 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 STOCK | Mar 1, 2017 | M | 1,024 | $0.00 | A | 2,976 | D | |
| COMMON STOCKF1 | Mar 1, 2017 | F | 334 | $60.55 | D | 2,642 | 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 UnitsF2,F3,F4 | — | Mar 1, 2017 | M | 1,024 | D | — | — | COMMON STOCK | 1,024 | 0 | D |
Explanation of responses
- F1Shares disposed of represent withholding to satisfy a tax obligation upon the vesting of 1,024 restricted stock units ("RSUs").
- F2Each RSU represents a contingent right to receive one share of AZZ common stock.
- F3The RSUs were granted on May 9, 2014 and vested in their entirety on March 1, 2017.
- F4Once vested, the shares of common stock are not subject to expiration.