Key facts
- This page summarizes Tara D. Mackey's Form 4 filing for AZZ INC (AZZ).
- 8 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 20 May 2021, 18:13.
Tara D. Mackey - 18 May 2021 Form 4 Insider Report for AZZ INC (AZZ)
- Reporting relationship
- Chief Legal Officer
- Issuer ticker
- AZZ
- Reported as of
- 18 May 2021
- Net transaction value
- -$79,385
- SEC form
- 4
- Accepted by SEC
- 20 May 2021, 18:13:08 UTC
- Next SEC filing
- 24 May 2021
- Source filing
- View source filing
- Reporting owner signature
- Tara D Mackey
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Tara D. Mackey filed Form 4 for AZZ INC (AZZ) on 20 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$79,385.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +1,191
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 10,997
- Date
- 18 May 2021
- Ownership
- Direct
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +57
- Change %
- +0.52%
- Price
- $0.000000
- Shares after
- 11,054
- Date
- 18 May 2021
- Ownership
- Direct
- Footnotes
- F1
AZZ
transaction
COMMON STOCK
Tax liability
- Transaction value
- $16,374
- Shares
- -303
- Change %
- -2.7%
- Price
- $54.04
- Shares after
- 10,751
- Date
- 18 May 2021
- Ownership
- Direct
- Footnotes
- F2
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +4,570
- Change %
- +43%
- Price
- $0.000000
- Shares after
- 15,321
- Date
- 18 May 2021
- Ownership
- Direct
- Footnotes
- F3
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +222
- Change %
- +1.4%
- Price
- $0.000000
- Shares after
- 15,543
- Date
- 18 May 2021
- Ownership
- Direct
- Footnotes
- F4
AZZ
transaction
COMMON STOCK
Tax liability
- Transaction value
- $63,011
- Shares
- -1,166
- Change %
- -7.5%
- Price
- $54.04
- Shares after
- 14,377
- Date
- 18 May 2021
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AZZ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,191
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 18 May 2021
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 1,191
- Exercise price
- Footnotes
- F6, F7, F8
AZZ
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,570
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 18 May 2021
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 4,570
- Exercise price
- Footnotes
- F3, F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Represents the vesting of dividend equivalent rights that accrued on 1,191 restricted stock units ("RSUs") granted on 5/18/2018, which AZZ has been settled in shares of AZZ common stock.
Footnote F2
The reporting person disposed of 303 shares of common stock to satisfy tax withholding obligations on the vesting of 1,245 RSUs and dividend equivalents.
Footnote F3
Represents the number of shares acquired by the reporting person upon the vesting of performance share units ("PSUs") granted on 5/18/2018. This number represents 3,571 target PSUs and 999 additional PSUs earned based upon the achievement of 128% of pre-established performance goals during the performance cycle.
Footnote F4
Represents the vesting of dividend equivalent rights that accrued on the target PSUs of 3,571 granted on 5/18/2018, which has been settled in shares of AZZ common stock.
Footnote F5
The reporting person disposed of 1,166 shares of common stock to satisfy tax withholding obligations on the vesting of 4,792 PSUs and dividend equivalents.
Footnote F6
Each RSU represents a contingent right to receive one share of AZZ common stock.
Footnote F7
The RSUs were granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and vest over a 3-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date which was 5/18/2018.
Footnote F8
Once vested, the shares of common stock are not subject to expiration.
Footnote F9
The PSUs represent a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
Footnote F10
The PSUs were granted under the 2014 Plan and had a three-year performance cycle (3/1/2018 - 2/28/21) and vested upon the achievement of certain pre-established performance goals.