Filing Details

Accession Number:
0000008947-17-000104
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-12 17:31:36
Reporting Period:
2017-07-11
Filing Date:
2017-07-12
Accepted Time:
2017-07-12 17:31:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
8947 Azz Inc AZZ Electric Lighting & Wiring Equipment (3640) 750948250
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1601686 Wesley Paul Fehlman One Museum Place, Suite 500
3100 West 7Th Street
Fort Worth TX 76107
Svp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-07-11 1,500 $49.31 9,287 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2017-07-11 765 $0.00 765 $0.00
Common Stock Performance Share Units Acquisiton 2017-07-11 765 $0.00 765 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
765 No 4 A Direct
765 No 4 A Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price.
  2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
  3. The RSUs are granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and vest over a three-year period with one-third of the RSUs vesting on 4/27/2018 4/27/2019 and 4/27/2020.
  4. Each performance share unit ("PSU") represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
  5. The PSUs are issued under AZZ's 2014 Plan. The PSUs will vest and become payable, if at all, on February 29, 2020, ranging from 0% to 200% based on AZZ achieving a target average adjusted return on assets from March 1, 2017 to February 29, 2020. Actual payout will be subject to a multiplier up to a maximum of 250% of the target award if AZZ's total shareholder return for the 3-year period ranks within the top quartile relative to each company in a custom industry peer group for the same period.