4//SEC Filing
Doucet Michael 4
Accession 0000008947-20-000077
CIK 0000008947other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 7:06 PM ET
Size
8.2 KB
Accession
0000008947-20-000077
Insider Transaction Report
Form 4
AZZ INCAZZ
Doucet Michael
SVP - Alternative Coatings
Transactions
- Award
Restricted Stock Units
2020-05-04+1,812→ 1,812 total→ COMMON STOCK (1,812 underlying) - Award
Performance Share Units
2020-05-04+1,812→ 1,812 total→ COMMON STOCK (1,812 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
- [F2]The RSUs are granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and vest over a three-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date.
- [F3]Each Performance Share Unit ("PSU") represents a contingent right to receive shares of AZZ common stock based on achieved results at the end of the 3-year performance cycle.
- [F4]Represents 100% of the target number of PSUs that could be earned at the end of the 3-year performance cycle. The FY2021 PSU performance metric is AZZ's Total Shareholder Return ("TSR") relative to its industry peer group. The maximum payout for the FY2021 PSUs is not to exceed 200%.
Documents
Issuer
AZZ INC
CIK 0000008947
Entity typeother
Related Parties
1- filerCIK 0001772376
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 7:06 PM ET
- Size
- 8.2 KB