Brian Spaly - May 18, 2021 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Role
Director
Signature
/s/ Morgan Fox Walbridge, as Attorney-in-Fact for Brian Spaly
Stock symbol
AZEK
Transactions as of
May 18, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 06:45 AM
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZEK Class A Common Stock Options Exercise $0 +466 +1% $0.00 47.2K May 18, 2021 Direct F1
transaction AZEK Class A Common Stock Award $0 +1.98K +4.2% $0.00 49.2K May 18, 2021 Direct F2, F3

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 AZEK Restricted Stock Units (RSUs) Options Exercise $0 -466 -13.53% $0.00 2.98K May 18, 2021 Common Stock 466 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of previously awarded restricted stock units. Restricted stock units convert into common stock on a one-for-one basis.
F2 Annual grant of time-vesting restricted stock units made to directors on May 18, 2021 pursuant to Rule 16b-3(d) plan that will vest on the earlier of (x) the one-year anniversary of the date of grant and (y) the Issuer's next annual stockholder meeting.
F3 Includes (i) 1,982 restricted stock units that vest on the earlier of (x) the one-year anniversary of the date of grant and (y) the Issuer's next annual stockholder meeting and (ii) 2,979 restricted stock units that will vest on August 5, 2023 subject to continued service through the vesting date.
F4 On August 5, 2020, the Reporting Person was granted 466 restricted stock units that vested on the earlier of (x) the one-year anniversary of the date of grant and (y) the Issuer's annual stockholder meeting for the following year.