Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +5.83K | +3.42% | $0.00 | 176K | May 4, 2023 | Direct | |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +150 | +0.09% | $0.00 | 177K | May 4, 2023 | Direct | F1 |
transaction | AZZ | COMMON STOCK | Tax liability | -$70.2K | -1.94K | -1.1% | $36.30 | 175K | May 4, 2023 | Direct | F2 |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +9.06K | +5.19% | $0.00 | 184K | May 4, 2023 | Direct | |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +435 | +0.24% | $0.00 | 184K | May 4, 2023 | Direct | F3 |
transaction | AZZ | COMMON STOCK | Tax liability | -$110K | -3.02K | -1.64% | $36.30 | 181K | May 4, 2023 | Direct | F2 |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +17.9K | +9.91% | $0.00 | 199K | May 4, 2023 | Direct | F4 |
transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +862 | +0.43% | $0.00 | 200K | May 4, 2023 | Direct | F5 |
transaction | AZZ | COMMON STOCK | Tax liability | -$238K | -6.55K | -3.28% | $36.30 | 193K | May 4, 2023 | 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 | -5.83K | -100% | $0.00* | 0 | May 4, 2023 | COMMON STOCK | 5.83K | Direct | F6, F7, F8 | |
transaction | AZZ | Restricted Stock Units | Options Exercise | $0 | -9.06K | -100% | $0.00* | 0 | May 4, 2023 | COMMON STOCK | 9.06K | Direct | F6, F8, F9 | |
transaction | AZZ | Performance Share Units | Options Exercise | $0 | -17.9K | -100% | $0.00* | 0 | May 4, 2023 | COMMON STOCK | 17.9K | Direct | F8, F10, F11 |
Id | Content |
---|---|
F1 | Represent the vesting of dividend equivalent rights on restricted stock units (RSUs) granted on 5/4/2020, which AZZ has elected to pay in shares of AZZ common stock. |
F2 | The reporting person disposed of common stock to satisfy tax withholding obligations. |
F3 | Represent the vesting of dividend equivalent rights on RSUs granted on 5/4/2021, which AZZ has elected to pay in shares of AZZ common stock. |
F4 | This number represents the number of shares issued to the Reporting Person based upon the achievement of 66% of the pre-established performance goals over the three-year performance cycle. This target PSU award was previously granted on 5/4/2020. |
F5 | Represents the vesting of dividend equivalent rights on performance share units (PSUs) granted on 5/4/2020, which AZZ has elected to pay in shares of AZZ common stock. |
F6 | Each RSU represents a contingent right to receive one share of AZZ common stock. |
F7 | The RSUs granted on 5/4/2020, vest ratably over a 3-year period beginning on 5/4/2021. |
F8 | Once vested, the shares of common stock are not subject to expiration. |
F9 | The RSUs granted on 5/4/2021, vest ratably over a 3-year period beginning on 5/4/2022. |
F10 | 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. |
F11 | The PSUs were granted under AZZ's 2014 Long Term Incentive Plan (the "2014 Plan") and had a three-year performance cycle (3/1/2020 - 2/28/2023). |