Key facts
- This page summarizes Thomas E. Ferguson's Form 5 filing for AZZ INC (AZZ).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 01 Mar 2023, 15:53.
Thomas E. Ferguson - 28 Feb 2023 Form 5 Insider Report for AZZ INC (AZZ)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- AZZ
- Reported as of
- 28 Feb 2023
- Net transaction value
- $0
- SEC form
- 5
- Accepted by SEC
- 01 Mar 2023, 15:53:35 UTC
- Prior SEC filing
- 10 Aug 2022
- Next SEC filing
- 02 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Thomas E. Ferguson filed Form 5 for AZZ INC (AZZ) on 01 Mar 2023.
Change
- Previous filing in this sequence was filed on 10 Aug 2022.
- Current net transaction value: $0.
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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 5 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AZZ
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +19,916
- Change %
- Price
- $0.000000
- Shares after
- 19,916
- Date
- 09 May 2022
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 19,916
- Exercise price
- Footnotes
- F1, F2
AZZ
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +23,899
- Change %
- Price
- $0.000000
- Shares after
- 23,899
- Date
- 09 May 2022
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 23,899
- Exercise price
- Footnotes
- F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
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.
Footnote F2
Represents 100% of the target number of PSUs that could be earned at the end of the 3-year performance cycle (March 1, 2022 - February 28, 2025). The FY2023 PSU performance metric is AZZ's Total Shareholder Return ("TSR") relative to its industry peer group. The maximum payout for the FY2023 PSUs is not to exceed 200%.
Footnote F3
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
Footnote F4
The RSUs are granted under the AZZ Inc. 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 5/9/2023.
Footnote F5
Once vested, the shares of common stock are not subject to expiration.
SEC remarks
The transactions above were not timely reported due to an inadvertent administrative error and were filed as soon as the error was discovered.