Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +861 | +6.08% | $0.00 | 15K | May 22, 2021 | Direct | |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +29 | +0.19% | $0.00 | 15K | May 22, 2021 | Direct | F1 |
transaction | AZZ | COMMON STOCK | Tax liability | -$11.6K | -216 | -1.44% | $53.61 | 14.8K | May 22, 2021 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AZZ | Restricted Stock Units | Options Exercise | $0 | -861 | -50% | $0.00 | 861 | May 22, 2021 | COMMON STOCK | 861 | Direct | F3, F4, F5 |
Id | Content |
---|---|
F1 | Represents the vesting of dividend equivalent rights that accrued on 861 restricted stock units ("RSUs') granted on 5/22/2019, which AZZ has settled in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
F2 | The reporting person disposed of 216 shares of common stock to satisfy tax withholding obligations. |
F3 | Each RSU represents a contingent right to receive one share of AZZ common stock. |
F4 | 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, which was 5/22/2019. |
F5 | Once vested, the shares of AZZ common stock are not subject to expiration. |