AZZ INC 4
4 · AZZ INC · Filed Mar 2, 2017
Insider Transaction Report
Form 4
AZZ INCAZZ
Pendley Timothy E
VP GALVANIZING
Transactions
- Exercise/Conversion
COMMON STOCK
2017-03-01+2,449→ 33,538 total - Tax Payment
COMMON STOCK
2017-03-01$60.55/sh−716$43,354→ 32,822 total - Exercise/Conversion
Restricted Stock Units
2017-03-01−2,449→ 0 total→ COMMON STOCK (2,449 underlying)
Footnotes (4)
- [F1]Shares disposed of represent withholding to satisfy a tax obligation upon the vesting of 2,449 restricted stock units.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
- [F3]The RSUs granted on March 1, 2014 vested in their entirety on March 1, 2017.
- [F4]Once vested, the shares of common stock are not subject to expiration.