Schlom Philip A 4
4 · AZZ INC · Filed May 1, 2024
Insider Transaction Report
Form 4
AZZ INCAZZ
Schlom Philip A
VP, Chief Accounting Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2024-04-28+17→ 17,697 total - Tax Payment
COMMON STOCK
2024-04-28$71.49/sh−677$48,399→ 17,020 total - Exercise/Conversion
Restricted Stock Units
2024-04-28−1,784→ 3,570 total→ COMMON STOCK (1,784 underlying) - Exercise/Conversion
COMMON STOCK
2024-04-28+1,784→ 17,680 total
Footnotes (6)
- [F1]Represents the vesting of dividend equivalent rights on restricted stock units (RSUs) granted on 4/28/2023, which AZZ has elected to pay in shares of AZZ common stock.
- [F2]The reporting person disposed of common stock to satisfy tax withholding obligations.
- [F3]Pursuant to Issuers 2014 Long Term Incentive Plan, as amended, if the vesting date falls on a weekend or a holiday, the closing price shall be the closing price on the last trading day prior to the vesting date.
- [F4]Each RSU represents a contingent right to receive one share of AZZ common stock.
- [F5]The RSUs granted on 4/28/2023 vest ratably over a 3-year period beginning on 4/28/2024.
- [F6]Once vested, the shares of common stock are not subject to expiration.