Fehlman Paul Wesley 4
4 · AZZ INC · Filed Apr 29, 2020
Insider Transaction Report
Form 4
AZZ INCAZZ
Fehlman Paul Wesley
Other
Transactions
- Exercise/Conversion
COMMON STOCK
2020-04-27+762→ 16,299 total - Exercise/Conversion
COMMON STOCK
2020-04-27+31→ 16,585 total - Exercise/Conversion
COMMON STOCK
2020-04-27+10→ 16,595 total - Tax Payment
COMMON STOCK
2020-04-27$28.59/sh−300$8,577→ 16,295 total - Exercise/Conversion
Restricted Stock Units
2020-04-27−762→ 0 total→ COMMON STOCK (762 underlying) - Exercise/Conversion
COMMON STOCK
2020-04-27+255→ 16,554 total - Exercise/Conversion
Restricted Stock Units
2020-04-27−255→ 0 total→ COMMON STOCK (255 underlying)
Footnotes (7)
- [F1]Represents the vesting of dividend equivalent rights accrued on 762 RSUs granted on 4/27/2017, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest.
- [F2]Represents the vesting of dividend equivalent rights accrued on 255 RSUs granted on 7/11/2017, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest.
- [F3]The reporting person disposed of 300 shares of common stock to satisfy tax withholding obligations.
- [F4]Each RSU represents a contingent right to receive one share of AZZ common stock.
- [F5]The RSUs granted on 4/27/2017, vest ratably over a 3-year period beginning on 4/27/2018.
- [F6]Once vested, the shares of common stock are not subject to expiration.
- [F7]The RSUs granted on 7/11/2017, vest over a 3-year period with 1/3rd vesting on 4/27/2018, 4/27/2019 and 4/27/2020.