Key facts
- This page summarizes Thomas E. Ferguson's Form 4 filing for AZZ INC (AZZ).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 02 May 2023, 16:11.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
Footnote F2
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 4/28/2024.
Footnote F3
Once vested, the shares of common stock are not subject to expiration.
Footnote F4
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 F5
Represents 100% of the target number of PSUs that could be earned at the end of the 3-year performance cycle (March 1, 2023 - February 28, 2026). The FY2024 PSU performance metric is AZZ's Total Shareholder Return ("TSR") relative to its executive compensation peer group. The maximum payout for the FY2024 PSUs is not to exceed 200%.