Kurt L. Russell - May 13, 2024 Form 4/A Insider Report for AZZ INC (AZZ)

Signature
/s/ Tara D. Mackey, attorney-in-fact for Kurt L. Russell
Stock symbol
AZZ
Transactions as of
May 13, 2024
Transactions value $
-$463,128
Form type
4/A
Date filed
7/12/2024, 01:59 PM
Date Of Original Report
May 14, 2024
Previous filing
May 1, 2024
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZZ COMMON STOCK Options Exercise $0 +15K +99.82% $0.00 30K May 13, 2024 Direct F1
transaction AZZ COMMON STOCK Options Exercise $0 +377 +1.26% $0.00 30.4K May 13, 2024 Direct F1, F2, F3
transaction AZZ COMMON STOCK Tax liability -$463K -6.05K -19.9% $76.55 24.4K May 13, 2024 Direct F1, F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -15K -100% $0.00* 0 May 13, 2024 COMMON STOCK 15K Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amended Form 4 amends the Form 4 previously filed on May 13, 2024, and is filed to correct a technical issue in the calculation of the Amount of Securities Beneficially Owned Following Reported Transaction(s) column.
F2 This amended Form 4 amends the Form 4 previously filed on May 13, 2024, and is filed to correct the Title of Security which should have been reported as Common Stock, not Restricted Stock Units.
F3 Represents the vesting of dividend equivalent rights that accrued on restricted stock units (RSUs) granted on May 13, 2022, which AZZ has settled in shares of AZZ common stock.
F4 The reporting person disposed of shares of AZZ common stock to satisfy tax withholding obligations.
F5 Each RSU represents a contingent right to receive one share of AZZ common stock.
F6 The RSUs granted on 5/13/2022, vest ratably over a two-year period beginning on 5/13/2023.
F7 Once vested, the shares of common stock are not subject to expiration.