Mackey Tara D 4
4 · AZZ INC · Filed May 13, 2025
Insider Transaction Report
Form 4
AZZ INCAZZ
Mackey Tara D
Chief Legal Officer
Transactions
- Exercise/Conversion
Performance Share Units
2025-05-09−4,715→ 0 total→ COMMON STOCK (4,715 underlying) - Exercise/Conversion
COMMON STOCK
2025-05-09+1,725→ 27,854 total - Exercise/Conversion
COMMON STOCK
2025-05-09+4,715→ 32,053 total - Exercise/Conversion
Restricted Stock Units
2025-05-09−1,725→ 0 total→ COMMON STOCK (1,725 underlying) - Exercise/Conversion
COMMON STOCK
2025-05-09+60→ 27,914 total - Tax Payment
COMMON STOCK
2025-05-09$91.49/sh−576$52,698→ 27,338 total - Tax Payment
COMMON STOCK
2025-05-09$91.49/sh−1,870$171,086→ 30,349 total - Exercise/Conversion
COMMON STOCK
2025-05-09+166→ 32,219 total
Footnotes (9)
- [F1]Represents the vesting of dividend equivalent rights that accrued on 1,725 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]Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 3,519 granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock.
- [F4]Each RSU represents a contingent right to receive one share of AZZ common stock.
- [F5]The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023.
- [F6]Once vested, the shares of common stock are not subject to expiration.
- [F7]Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
- [F8]Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/9/2022. This number represents 3,519 target PSUs and 1,196 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle.
- [F9]The PSUs granted on 5/9/2022 were granted under the Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2022- 2/28/2025).