Schlom Philip A 4
4 · AZZ INC · Filed May 11, 2023
Insider Transaction Report
Form 4
AZZ INCAZZ
Schlom Philip A
VP, Chief Accounting Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2023-05-09+2,078→ 15,941 total - Tax Payment
COMMON STOCK
2023-05-09$35.55/sh−678$24,103→ 15,288 total - Exercise/Conversion
COMMON STOCK
2023-05-09+25→ 15,966 total - Exercise/Conversion
Restricted Stock Units
2023-05-09−2,078→ 4,158 total→ COMMON STOCK (2,078 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.