Schlom Philip A 4
4 · AZZ INC · Filed May 13, 2024
Insider Transaction Report
Form 4
AZZ INCAZZ
Schlom Philip A
VP, Chief Accounting Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2024-05-09+2,079→ 22,654 total - Exercise/Conversion
Restricted Stock Units
2024-05-09−2,079→ 2,078 total→ COMMON STOCK (2,079 underlying) - Exercise/Conversion
COMMON STOCK
2024-05-09+60→ 22,714 total - Tax Payment
COMMON STOCK
2024-05-09$78.07/sh−691$53,946→ 22,023 total
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights that accrued on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock.
- [F2]The reporting person disposed of shares 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 over a 3-year period with one-third vesting on 5/9/2023, 5/9/2024 and 5/9/2025.
- [F5]Once vested, the shares of common stock are not subject to expiration.