Form Type: 4

SEC EDGAR Link
Accession Number:0000008947-20-000082
Date:2020-05-04
Issuer: AZZ INC (AZZ)
Original Submission Date:

Reporting Person:

MACKEY TARA D
ONE MUSEUM PLACE
3100 WEST 7TH STREET FORT WORTH, TX 76107

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2020-05-04 deemed execution date A 5,437 (a) common stock 5,437 $0.00 5,437 direct
PERFORMANCE SHARE UNITS 0.0 2020-05-04 deemed execution date A 5,437 (a) common stock 5,437 $0.00 5,437 direct
Footnotes
IDfootnote
f1 each restricted stock unit ("rsu") represents a contingent right to receive one share of azz common stock.
f2 the rsus are granted under azz's 2014 long term incentive plan (the "2014 plan") and vest over a three-year period with 1/3rd of the rsus vesting on each of the first, second and third anniversaries of the grant date.
f3 each performance share unit ("psu") represents a contingent right to receive shares of azz common stock based on actual achieved results at the end of the 3-year performance cycle.
f4 represents 100% of the target number of psus that could be earned at the end of the 3-year performance cycle. the fy2021 psu performance metric is azz's total shareholder return ("tsr") relative to its industry peer group. the maximum payout for the fy2021 psus is not to exceed 200%.
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