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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (7) | 04/27/2018 | M | 379 | (8) | (9) | COMMON STOCK | 379 | $ 0 | 0 | D | ||||
Restricted Stock Units | (7) | 04/27/2018 | M | 333 | (10) | (9) | COMMON STOCK $1.00 PAR VALUE | 333 | $ 0 | 0 | D | ||||
Restricted Stock Units | (7) | 04/27/2018 | M | 333 | (11) | (9) | COMMON STOCK | 333 | $ 0 | 0 | D | ||||
Restricted Stock Units | (7) | 04/27/2018 | M | 406 | (10) | (9) | COMMON STOCK | 406 | $ 0 | 406 | D | ||||
Restricted Stock Units | (7) | 04/27/2018 | M | 415 | (12) | (9) | COMMON STOCK | 415 | $ 0 | 830 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Mackey Tara D ONE MUSEUM PLACE 3100 WEST 7TH STREET FORT WORTH, TX 76107 |
Chief Legal Officer |
Tara D Mackey | 05/01/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the vesting of dividend equivalent rights accrued on 379 restricted stock units ("RSUs") granted on 4/27/2015, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
(2) | Represents the vesting of dividend equivalent rights accrued on 333 RSUs granted on 11/6/2015, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
(3) | Represents the vesting of dividend equivalent rights accrued on 333 RSUs granted on 3/7/2016, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
(4) | Represents the vesting of dividend equivalent rights accrued on 406 RSUs granted on 4/27/2016, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
(5) | Represents the vesting of dividend equivalent rights accrued on 415 RSUs granted on 4/27/2017, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
(6) | The reporting person disposed of 465 shares of common stock to satisfy tax withholding obligations. |
(7) | Each RSU represents a contingent right to receive one share of AZZ common stock. |
(8) | The RSUs granted on 4/27/2015, vest ratably over a 3-year period beginning on 4/27/2016. |
(9) | Once vested, the shares of common stock are not subject to expiration. |
(10) | The RSUs granted on 4/27/2016, vest ratably over a 3-year period beginning on 4/27/2017. |
(11) | The RSUs granted on 11/6/2015, vest over a 3-year period with 1/3rd vesting on 4/27/2016, 4/27/2017 and 4/27/2018. |
(12) | The RSUs granted on 4/27/2017, vest ratably over a 3-year period beginning on 4/27/2018. |