Kolady Ashok 4
4 · AZZ INC · Filed Mar 8, 2013
Insider Transaction Report
Form 4
AZZ INCAZZ
Kolady Ashok
VP BUSINESS DEVELOPMENT
Transactions
- Award
STOCK APPRECIATION RIGHTS
2013-03-07+5,005→ 5,005 total→ COMMON STOCK (5,005 underlying) - Award
Restricted Stock Units
2013-03-07+2,536→ 2,536 total→ COMMON STOCK (2,536 underlying)
Footnotes (4)
- [F1]THE BASE PRICE OF SUCH SAR SHALL BE DETERMINED BY THE CLOSING PRICE OF ONE SHARE OF COMMON STOCK ON THE NEW YORK STOCK EXCHANGE FOR THE GRANT DATE OF SUCH AWARDS.
- [F2]ON EACH OF THE FIRST THREE ANNIVERSARIES OF THE EFFECTIVE DATE, ONE-THIRD (1/3) OF THE STOCK APPRECIATION RIGHTS GRANTED HEREBY SHALL VEST.
- [F3]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF AZZ COMMON STOCK.
- [F4]THE RSU SHALL VEST AND BE EXERCISABLE IN FULL ON THE THIRD ANNIVERSARY OF THE GRANT DATE.