EMERY MATTHEW VARLEY 4
4 · AZZ INC · Filed May 11, 2023
Insider Transaction Report
Form 4
AZZ INCAZZ
EMERY MATTHEW VARLEY
VP CHIEF INFORMATION OFFICER
Transactions
- Exercise/Conversion
COMMON STOCK
2023-05-09+1,497→ 26,306 total - Exercise/Conversion
COMMON STOCK
2023-05-09+18→ 26,324 total - Tax Payment
COMMON STOCK
2023-05-09$35.55/sh−489$17,384→ 25,835 total - Exercise/Conversion
Restricted Stock Units
2023-05-09−1,497→ 2,996 total→ COMMON STOCK (1,497 underlying)
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ elected to pay in shares of AZZ common stock.
- [F2]The reporting person disposed 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 5/9/2022, vest ratably over a three-year period beginning on 5/9/2023.
- [F5]Once vested, the shares of common stock are not subject to expiration.