Zurn Elkay Water Solutions Corp - 04 Oct 2021 Form 4 Insider Report for Land Newco, Inc.

Role
10%+ Owner
Signature
/s/ Patricia M. Whaley, Vice President, General Counsel, and Secretary
Issuer symbol
N/A
Transactions as of
04 Oct 2021
Net transactions value
$0
Form type
4
Filing time
06 Oct 2021, 16:01:22 UTC
Previous filing
26 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Award +121,348,214 +121348214% 121,348,314 04 Oct 2021 Direct F1
transaction Common Stock Other $0 -121,348,314 -100% $0.000000* 0 04 Oct 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Zurn Elkay Water Solutions Corp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reporting person acquired the common stock of the issuer in exchange for certain assets and liabilities related to the reporting person's PMC business which, once contributed, constituted substantially all of the assets and liabilities of the issuer.
F2 The reporting person distributed all of the shares of common stock of the issuer to its stockholders of record as of September 29, 2021 for no consideration on a pro rata basis pursuant to the Separation and Distribution Agreement, dated as of February 15, 2021, by and among Regal Rexnord Corporation (f.k.a. Regal Beloit Corporation), the reporting person and the issuer.