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AZZ AZZ Inc

83.64
0.00 (0.00%)
Pre Market
Last Updated: 09:09:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
AZZ Inc NYSE:AZZ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 83.64 0 09:09:53

Statement of Changes in Beneficial Ownership (4)

19/10/2021 9:10pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Schlom Philip A
2. Issuer Name and Ticker or Trading Symbol

AZZ INC [ AZZ ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, Chief Financial Officer
(Last)          (First)          (Middle)

ONE MUSEUM PLACE, 3100 W. 7TH STREET, SUITE 500
3. Date of Earliest Transaction (MM/DD/YYYY)

10/16/2021
(Street)

FORT WORTH, TX 76107
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 10/16/2021  M  1500 A$0 4693 D  
COMMON STOCK 10/16/2021  M  22 (1)A$0 4715 D  
COMMON STOCK 10/16/2021  F  370 (2)D$53.29 4345 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (3)10/16/2021  M     1500   (4) (5)COMMON STOCK 1500.0 $0 0 D  

Explanation of Responses:
(1) Represents the vesting of dividend equivalent rights accrued on 1,500 restricted stock units ("RSUs") granted on October 16, 2020. These dividend equivalent rights vest when, and if, the underlying RSUs vest.
(2) Mr. Schlom disposed of 370 shares of common stock to satisfy tax withholding obligations.
(3) Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
(4) Mr. Schlom was granted a special one-time equity award of 1,500 RSUs that vest in full on October 16, 2021.
(5) Once vested, the shares of common stock are not subject to expiration.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Schlom Philip A
ONE MUSEUM PLACE
3100 W. 7TH STREET, SUITE 500
FORT WORTH, TX 76107


SVP, Chief Financial Officer

Signatures
/s/Tara D. Mackey, attorney-if-fact for Philip A. Schlom10/19/2021
**Signature of Reporting PersonDate

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