Byelick James Drew 4
4 · AZZ INC · Filed May 21, 2019
Insider Transaction Report
Form 4
AZZ INCAZZ
Byelick James Drew
VP & Chief Accounting Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2019-05-18+6→ 2,741 total - Exercise/Conversion
Restricted Stock Units
2019-05-18−476→ 952 total→ COMMON STOCK (476 underlying) - Exercise/Conversion
COMMON STOCK
2019-05-18+476→ 2,735 total - Tax Payment
COMMON STOCK
2019-05-18$45.56/sh−142$6,470→ 2,599 total
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights accrued on 476 restricted stock units ("RSUs") granted on 5/18/2018, which AZZ elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest.
- [F2]The reporting person disposed of 142 shares of common stock to satisfy tax withholding obligations.
- [F3]Each RSU represents a contingent right to receive one share of AZZ common stock.
- [F4]The RSUs granted on 5/18/2018, vest ratably over a 3-year period beginning on 5/18/2019.
- [F5]Once vested, the shares of common stock are not subject to expiration.