AZZ INC 4
4 · AZZ INC · Filed Mar 12, 2014
Insider Transaction Report
Form 4
AZZ INCAZZ
Kolady Ashok
VP BUSINESS DEVELOPMENT
Transactions
- Award
STOCK APPRECIATION RIGHTS
2014-03-03+6,177→ 6,177 total→ COMMON STOCK (6,177 underlying) - Award
Restricted Stock Units
2014-03-03+2,449→ 2,449 total→ COMMON STOCK (2,449 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.