Rodney Jackson - 05 Oct 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
SVP-Bus.&Corp. Development
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Rodney Jackson
Issuer symbol
ZWS
Transactions as of
05 Oct 2021
Net transactions value
$0
Form type
4
Filing time
07 Oct 2021, 21:21:15 UTC
Previous filing
08 Jun 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award +1,702 +1.9% 92,321 05 Oct 2021 Direct F1
transaction ZWS Common Stock Award +6,901 +7.9% 94,022 07 Oct 2021 Direct F2
holding ZWS Common Stock 449 05 Oct 2021 By 401(k) Plan 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 ZWS Common Stock Award $0 +5,203 $0.000000 5,203 05 Oct 2021 Common Stock 5,203 $33.05 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit grant, which vests in three annual installments beginning on the first anniversary of the grant date, assuming continued employment.
F2 Represents an adjustment of outstanding RSUs pursuant to the terms of the Zurn Water Solutions Corporation Performance Incentive Plan (the "Plan") to reflect the impact of the issuer's spin-off of its PMC business, which closed on October 4, 2021 (the "Spin-Off").
F3 Based on information from the trustee of the 401(k) Plan.
F4 Pursuant to the terms of the plan, the number and the exercise price of outstanding options under the plan were adjusted as reflected here to reflect the impact of the Spin-Off.
F5 The original option vests in three annual installments beginning on the date listed above.