SALLIE B. BAILEY - 18 May 2021 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Role
Director
Signature
/s/ Morgan Fox Walbridge, as Attorney-in-Fact for Sallie Bailey
Issuer symbol
AZEK
Transactions as of
18 May 2021
Transactions value $
$0
Form type
4
Filing time
20 May 2021, 07:01:17 UTC
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZEK Class A Common Stock Options Exercise $0 +1,903 +3.2% $0 61,629 18 May 2021 Direct F1
transaction AZEK Class A Common Stock Award $0 +1,982 +3.2% $0 63,611 18 May 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 -1,903 -29% $0 4,566 18 May 2021 Common Stock 1,903 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 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) 4,566 restricted stock units that will vest on June 16, 2023 subject to continued service through the vesting date.
F4 On June 16, 2020, the Reporting Person was granted 1,903 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.