Form Type: 4

SEC EDGAR Link
Accession Number:0000008947-22-000047
Date:2022-05-04
Issuer: AZZ INC (AZZ)
Original Submission Date:

Reporting Person:

FERGUSON THOMAS E
ONE MUSEUM PLACE, SUITE 500
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
COMMON STOCK 2022-05-04 M 9,061 a $0.00 143,254 direct
COMMON STOCK 2022-05-04 M 291 a $0.00 143,545 direct
COMMON STOCK 2022-05-04 F 3,025 d $47.67 140,520 direct
COMMON STOCK 2022-05-04 M 5,833 a $0.00 146,353 direct
COMMON STOCK 2022-05-04 M 57 a $0.00 146,410 direct
COMMON STOCK 2022-05-04 F 1,905 d $47.67 144,505 direct
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 2022-05-04 deemed execution date M 9,061 (d) common stock 9,061 $0.00 9,061 direct
RESTRICTED STOCK UNITS 0.0 2022-05-04 deemed execution date M 5,833 (d) common stock 5,833 $0.00 11,667 direct
Footnotes
IDfootnote
f1 this represents the vesting of dividend equivalent rights accrued on 9,061 restricted stock units ("rsus") granted on 5/4/2021, which azz has elected to pay in shares of azz common stock. these dividend equivalent rights vest when, and if, the underlying rsus vest.
f2 the reporting person disposed of shares of azz common stock to satisfy tax withholding obligations.
f3 this represents the vesting of dividend equivalent rights accrued on 5,833 rsus granted on 5/4/2021, which azz has elected to pay in shares of azz common stock. these dividend equivalent rights vest when, and if, the underlying rsus vest.
f4 each rsu represents a contingent right to receive one share of azz common stock.
f5 the rsus are granted under azz's 2014 long term incentive 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 beginning on 5/4/2021.
f6 once vested, the shares of common stock are not subject to expiration.
f7 the rsus are granted under azz's 2014 long term incentive 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 beginning on 5/4/2022.
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