Transaction Details

Footnotes

Represents the vesting of dividend equivalent rights that accrued on 1,725 restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. | The reporting person disposed of shares of common stock to satisfy tax withholding obligations. | Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 3,519 granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. | Each RSU represents a contingent right to receive one share of AZZ common stock. | The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023. | Once vested, the shares of common stock are not subject to expiration. | Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results. | Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/9/2022. This number represents 3,519 target PSUs and 1,196 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle. | The PSUs granted on 5/9/2022 were granted under the Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2022- 2/28/2025).